Investment Planning Advisors Inc. Invests $5.30 Million in Vanguard Real Estate ETF $VNQ

Investment Planning Advisors Inc. bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 59,726 shares of the exchange traded fund’s stock, valued at approximately $5,298,000. Vanguard Real Estate ETF comprises 1.5% of Investment Planning Advisors Inc.’s investment portfolio, making the stock its 13th largest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Brighton Jones LLC increased its position in shares of Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after acquiring an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 5,532 shares during the period. AQR Capital Management LLC lifted its position in shares of Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 1,284 shares in the last quarter. Russell Investments Group Ltd. lifted its position in shares of Vanguard Real Estate ETF by 84.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 2,222 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Vanguard Real Estate ETF by 735.3% in the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after acquiring an additional 1,402,196 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $98.15 on Tuesday. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The firm has a market capitalization of $37.83 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The company has a 50 day moving average price of $96.29 and a 200 day moving average price of $93.05.

Vanguard Real Estate ETF Company 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.