Verdence Capital Advisors LLC Raises Stake in Vanguard Real Estate ETF $VNQ

Verdence Capital Advisors LLC raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 39.7% during the third quarter, HoldingsChannel reports. The firm owned 70,373 shares of the exchange traded fund’s stock after buying an additional 19,995 shares during the period. Verdence Capital Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $6,523,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Hantz Financial Services Inc. lifted its stake in shares of Vanguard Real Estate ETF by 123.6% in the second quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 173 shares during the period. Cohalo Advisory LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 2nd quarter valued at approximately $29,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 2nd quarter worth approximately $33,000. Thompson Investment Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter worth approximately $45,000. Finally, CX Institutional increased its stake in Vanguard Real Estate ETF by 133.6% in the 2nd quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 282 shares in the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $92.62 on Tuesday. The company has a market capitalization of $35.47 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $94.95. The company’s 50 day simple moving average is $89.61 and its 200 day simple moving average is $90.27.

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.