Physician Wealth Advisors Inc. Increases Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Physician Wealth Advisors Inc. lifted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 39,716 shares of the exchange traded fund’s stock after acquiring an additional 2,378 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $3,538,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Godsey & Gibb Inc. purchased a new position in Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Decker Retirement Planning Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter worth about $26,000. CKW Financial Group bought a new position in Vanguard Real Estate ETF in the fourth quarter worth about $27,000. Finally, Roxbury Financial LLC purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $37,000.

Vanguard Real Estate ETF Stock Down 0.1 %

NYSEARCA VNQ opened at $89.71 on Friday. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58. The company has a 50 day moving average price of $91.37 and a 200 day moving average price of $93.15. The firm has a market cap of $97.78 billion, a PE ratio of 33.73 and a beta of 1.08.

Vanguard Real Estate ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were given a dividend of $0.9319 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

About Vanguard Real Estate ETF

Vanguard REIT ETF (the Fund) is an open-end investment company. The Fund invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. It tracks the return of the MSCI US RIT Index, a gauge of real estate stocks. The Vanguard Group, Inc provides investment advisory services to the Fund.