Valeo Financial Advisors LLC Has $1.68 Million Stock Position in Vanguard Real Estate ETF $VNQ

Valeo Financial Advisors LLC raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 379.7% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,889 shares of the exchange traded fund’s stock after buying an additional 14,951 shares during the period. Valeo Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,682,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Hantz Financial Services Inc. raised 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 valued at $28,000 after acquiring an additional 173 shares during the period. Cohalo Advisory LLC bought a new position in Vanguard Real Estate ETF during the second quarter worth $29,000. Reyes Financial Architecture Inc. increased its holdings in shares of Vanguard Real Estate ETF by 405.5% in the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 296 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of Vanguard Real Estate ETF in the second quarter valued at $33,000. Finally, Aberdeen Wealth Management LLC bought a new position in shares of Vanguard Real Estate ETF in the first quarter valued at about $40,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $89.73 on Tuesday. The stock has a market cap of $33.85 billion, a PE ratio of 35.58 and a beta of 1.03. The firm has a 50-day moving average of $90.02 and a 200-day moving average of $90.34. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $94.95.

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.