Ocean Park Asset Management LLC Invests $3.78 Million in Vanguard Real Estate ETF $VNQ

Ocean Park Asset Management LLC bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 42,620 shares of the exchange traded fund’s stock, valued at approximately $3,779,000.

Several other hedge funds have also added to or reduced their stakes in the business. IMG Wealth Management Inc. bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Evelyn Partners Investment Management LLP bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Resources Management Corp CT ADV bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $27,000. Evermay Wealth Management LLC grew its stake 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 valued at $32,000 after buying an additional 113 shares during the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $95.56 on Monday. The stock has a market cap of $36.84 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15. The company’s 50-day moving average price is $95.84 and its two-hundred day moving average price is $92.71.

About Vanguard Real Estate ETF

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.