Compass Financial Management LLC Invests $2.59 Million in Vanguard Real Estate ETF $VNQ

Compass Financial Management LLC acquired a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 26,536 shares of the exchange traded fund’s stock, valued at approximately $2,586,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Valued Wealth Advisors LLC increased its position in Vanguard Real Estate ETF by 6.5% during the 1st quarter. Valued Wealth Advisors LLC now owns 1,694 shares of the exchange traded fund’s stock worth $150,000 after purchasing an additional 104 shares in the last quarter. Uptown Financial Advisors LLC lifted its holdings in Vanguard Real Estate ETF by 1.1% in the 2nd quarter. Uptown Financial Advisors LLC now owns 9,499 shares of the exchange traded fund’s stock valued at $916,000 after purchasing an additional 105 shares in the last quarter. Sage Investment Counsel LLC lifted its holdings in Vanguard Real Estate ETF by 1.6% in the 1st quarter. Sage Investment Counsel LLC now owns 6,756 shares of the exchange traded fund’s stock valued at $599,000 after purchasing an additional 107 shares in the last quarter. Opulen Financial Group LLC lifted its holdings in Vanguard Real Estate ETF by 2.2% in the 4th quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock valued at $470,000 after purchasing an additional 112 shares in the last quarter. Finally, Davis R M Inc. boosted its stake in shares of Vanguard Real Estate ETF by 3.8% during the 1st quarter. Davis R M Inc. now owns 3,120 shares of the exchange traded fund’s stock worth $277,000 after purchasing an additional 115 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $98.50 on Friday. The company has a market cap of $39.03 billion, a PE ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $101.80. The company has a 50-day simple moving average of $98.17 and a 200-day simple moving average of $95.42.

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.