Institute for Wealth Management LLC. Increases Stock Holdings in Vanguard Real Estate ETF $VNQ

Institute for Wealth Management LLC. boosted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 65.4% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 15,792 shares of the exchange traded fund’s stock after buying an additional 6,242 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Vanguard Real Estate ETF were worth $1,444,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Hantz Financial Services Inc. increased its position in Vanguard Real Estate ETF by 123.6% during the second 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 last quarter. Cohalo Advisory LLC bought a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter worth about $29,000. Reyes Financial Architecture Inc. boosted its stake in shares of 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 purchased a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth about $33,000. Finally, Aberdeen Wealth Management LLC bought a new position in Vanguard Real Estate ETF during the 1st quarter valued at about $40,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $88.86 on Monday. The firm has a market capitalization of $33.52 billion, a P/E ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $94.95. The company’s 50-day moving average is $89.83 and its 200 day moving average is $90.28.

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.