Woodmont Investment Counsel LLC Buys New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Woodmont Investment Counsel LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 600 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VNQ. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth $27,000. Fortis Group Advisors LLC increased its stake in Vanguard Real Estate ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 167 shares during the period. Pineridge Advisors LLC purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth $33,000. Halpern Financial Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth $33,000. Finally, ORG Partners LLC increased its position in shares of Vanguard Real Estate ETF by 105.8% in the 4th quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 201 shares during the last quarter.

Vanguard Real Estate ETF Stock Up 0.3 %

Shares of VNQ traded up $0.27 during midday trading on Tuesday, hitting $83.24. The company had a trading volume of 2,369,834 shares, compared to its average volume of 4,380,176. The company’s 50 day moving average price is $82.69 and its 200 day moving average price is $84.41. The stock has a market cap of $32.76 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $90.09.

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.