Financial Advisory Corp Has $11.99 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Financial Advisory Corp raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.9% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 132,472 shares of the exchange traded fund’s stock after buying an additional 7,323 shares during the quarter. Vanguard Real Estate ETF accounts for about 2.0% of Financial Advisory Corp’s investment portfolio, making the stock its 14th largest position. Financial Advisory Corp’s holdings in Vanguard Real Estate ETF were worth $11,994,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Caisse DE Depot ET Placement DU Quebec acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $299,211,000. Raymond James Financial Inc. acquired a new position in Vanguard Real Estate ETF in the fourth quarter worth $124,165,000. Brooklyn FI LLC boosted its stake in Vanguard Real Estate ETF by 6,345.2% in the fourth quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock worth $123,579,000 after purchasing an additional 1,288,137 shares in the last quarter. US Bancorp DE raised its position in shares of Vanguard Real Estate ETF by 11.5% during the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after acquiring an additional 585,657 shares during the last quarter. Finally, Empower Advisory Group LLC raised its position in shares of Vanguard Real Estate ETF by 3.2% during the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after acquiring an additional 370,503 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.5%

NYSEARCA VNQ opened at $89.87 on Friday. The stock has a 50-day simple moving average of $87.35 and a 200 day simple moving average of $90.10. The company has a market capitalization of $95.26 billion, a PE ratio of 32.63 and a beta of 1.02. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.58.

About Vanguard Real Estate ETF

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.