Vanguard Real Estate ETF $VNQ is Firestone Capital Management’s 10th Largest Position

Firestone Capital Management boosted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.6% in the 2nd quarter, Holdings Channel reports. The firm owned 169,548 shares of the exchange traded fund’s stock after buying an additional 4,353 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 3.6% of Firestone Capital Management’s portfolio, making the stock its 10th biggest position. Firestone Capital Management’s holdings in Vanguard Real Estate ETF were worth $15,100,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Hantz Financial Services Inc. grew its stake in Vanguard Real Estate ETF by 123.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 173 shares in the last quarter. Cohalo Advisory LLC bought a new position in Vanguard Real Estate ETF in the second quarter worth approximately $29,000. Reyes Financial Architecture Inc. increased its holdings in Vanguard Real Estate ETF by 405.5% during the 2nd 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 period. Barnes Dennig Private Wealth Management LLC bought a new stake in Vanguard Real Estate ETF during the 2nd quarter valued at $33,000. Finally, Aberdeen Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 1st quarter worth $40,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $89.59 on Friday. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.20. The firm has a market cap of $33.80 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The firm has a 50-day simple moving average of $90.83 and a two-hundred day simple moving average of $90.18.

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.