Biltmore Family Office LLC Purchases 13,911 Shares of Vanguard Real Estate ETF $VNQ

Biltmore Family Office LLC raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 28.4% in the fourth quarter, HoldingsChannel reports. The firm owned 62,883 shares of the exchange traded fund’s stock after buying an additional 13,911 shares during the quarter. Vanguard Real Estate ETF makes up 0.8% of Biltmore Family Office LLC’s investment portfolio, making the stock its 29th largest position. Biltmore Family Office LLC’s holdings in Vanguard Real Estate ETF were worth $5,565,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Evermay Wealth Management LLC increased its holdings in Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in Vanguard Real Estate ETF in the 4th quarter worth approximately $34,000. Pittenger & Anderson Inc. bought a new position in Vanguard Real Estate ETF in the 4th quarter worth approximately $36,000. Palisade Asset Management LLC bought a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at approximately $36,000. Finally, Camelot Portfolios LLC bought a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at approximately $38,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $95.89 on Thursday. The stock has a 50 day moving average price of $93.08 and a 200-day moving average price of $91.52. Vanguard Real Estate ETF has a one year low of $86.36 and a one year high of $97.37. The company has a market capitalization of $36.96 billion, a P/E ratio of 35.58 and a beta of 1.00.

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.