Pure Financial Advisors LLC Has $165.32 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pure Financial Advisors LLC lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.8% in the 1st quarter, Holdings Channel reports. The institutional investor owned 1,825,973 shares of the exchange traded fund’s stock after acquiring an additional 66,372 shares during the period. Vanguard Real Estate ETF comprises about 3.5% of Pure Financial Advisors LLC’s holdings, making the stock its 7th biggest position. Pure Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $165,324,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Nemes Rush Group LLC acquired a new position in Vanguard Real Estate ETF in the fourth quarter worth about $27,000. Copia Wealth Management acquired a new position in Vanguard Real Estate ETF in the fourth quarter worth about $27,000. Providence First Trust Co acquired a new position in Vanguard Real Estate ETF in the fourth quarter worth about $42,000. Minot DeBlois Advisors LLC acquired a new position in Vanguard Real Estate ETF in the fourth quarter worth about $46,000. Finally, Lindbrook Capital LLC raised its position in Vanguard Real Estate ETF by 70.0% in the fourth quarter. Lindbrook Capital LLC now owns 544 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 224 shares in the last quarter.

Vanguard Real Estate ETF Stock Down 2.4%

NYSEARCA:VNQ opened at $89.22 on Thursday. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58. The firm has a market capitalization of $94.57 billion, a PE ratio of 35.58 and a beta of 1.02. The firm has a 50-day moving average price of $88.86 and a 200 day moving average price of $89.54.

Vanguard Real Estate ETF Profile

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.