True North Advisors LLC Invests $456,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

True North Advisors LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,117 shares of the exchange traded fund’s stock, valued at approximately $456,000.

Other hedge funds also recently bought and sold shares of the company. Fund Evaluation Group LLC increased its position in shares of Vanguard Real Estate ETF by 3.4% during the second quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock worth $1,356,000 after purchasing an additional 526 shares in the last quarter. Bank of Montreal Can raised its position in shares of Vanguard Real Estate ETF by 1.3% in the second quarter. Bank of Montreal Can now owns 173,643 shares of the exchange traded fund’s stock valued at $14,581,000 after buying an additional 2,181 shares during the last quarter. Wick Capital Partners LLC purchased a new position in shares of Vanguard Real Estate ETF in the second quarter worth about $371,000. Employees Retirement System of Texas boosted its position in Vanguard Real Estate ETF by 301.7% during the second quarter. Employees Retirement System of Texas now owns 121,719 shares of the exchange traded fund’s stock worth $10,195,000 after acquiring an additional 91,419 shares during the last quarter. Finally, Drucker Wealth 3.0 LLC purchased a new stake in Vanguard Real Estate ETF during the 2nd quarter valued at about $1,700,000.

Vanguard Real Estate ETF Trading Down 1.7 %

VNQ stock opened at $89.74 on Thursday. The company has a market cap of $35.32 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The firm has a 50-day moving average of $92.08 and a two-hundred day moving average of $93.07. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58.

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.