Allegiance Financial Group Advisory Services LLC Purchases 404 Shares of Vanguard Real Estate ETF $VNQ

Allegiance Financial Group Advisory Services LLC grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 8,978 shares of the exchange traded fund’s stock after acquiring an additional 404 shares during the quarter. Allegiance Financial Group Advisory Services LLC’s holdings in Vanguard Real Estate ETF were worth $800,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VNQ. Reyes Financial Architecture Inc. lifted its stake in Vanguard Real Estate ETF by 405.5% during the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 296 shares during the last quarter. Aberdeen Wealth Management LLC purchased a new position in shares of Vanguard Real Estate ETF in the first quarter worth about $40,000. Anderson Financial Strategies LLC purchased a new position in shares of Vanguard Real Estate ETF in the first quarter worth about $41,000. Olistico Wealth LLC purchased a new position in shares of Vanguard Real Estate ETF in the first quarter worth about $44,000. Finally, CX Institutional increased its holdings in shares of Vanguard Real Estate ETF by 133.6% in the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 282 shares during the period. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.5%

VNQ opened at $89.76 on Thursday. The company has a market cap of $33.61 billion, a P/E ratio of 35.58 and a beta of 0.91. The business’s 50-day moving average price is $90.93 and its 200-day moving average price is $89.45. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20.

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.