Marks Wealth LLC Invests $28.48 Million in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Marks Wealth LLC acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 292,321 shares of the exchange traded fund’s stock, valued at approximately $28,478,000. Vanguard Real Estate ETF makes up 12.2% of Marks Wealth LLC’s holdings, making the stock its 3rd largest holding. Marks Wealth LLC owned approximately 0.07% of Vanguard Real Estate ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Fisher Asset Management LLC grew its holdings in shares of Vanguard Real Estate ETF by 50.5% in the 4th quarter. Fisher Asset Management LLC now owns 5,755 shares of the exchange traded fund’s stock worth $509,000 after acquiring an additional 1,932 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of Vanguard Real Estate ETF by 3.5% during the first quarter. Park Avenue Securities LLC now owns 20,599 shares of the exchange traded fund’s stock valued at $1,781,000 after buying an additional 697 shares in the last quarter. RFG Advisory LLC raised its position in Vanguard Real Estate ETF by 227.8% during the first quarter. RFG Advisory LLC now owns 20,645 shares of the exchange traded fund’s stock valued at $1,785,000 after buying an additional 14,347 shares during the period. &PARTNERS raised its position in Vanguard Real Estate ETF by 33.6% during the first quarter. &PARTNERS now owns 3,230 shares of the exchange traded fund’s stock valued at $279,000 after buying an additional 813 shares during the period. Finally, International Assets Investment Management LLC raised its position in Vanguard Real Estate ETF by 88.6% during the first quarter. International Assets Investment Management LLC now owns 15,300 shares of the exchange traded fund’s stock valued at $1,301,000 after buying an additional 7,189 shares during the period.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ traded up $0.72 during trading hours on Friday, hitting $97.51. 2,080,261 shares of the company’s stock traded hands, compared to its average volume of 4,178,688. The firm has a market cap of $38.38 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $99.58. The stock’s fifty day moving average price is $95.48 and its two-hundred day moving average price is $88.15.

Vanguard Real Estate ETF Company 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.