Proficio Capital Partners LLC Has $6.88 Million Stock Position in Vanguard Real Estate ETF $VNQ

Proficio Capital Partners LLC boosted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 196.9% in the second quarter, HoldingsChannel reports. The firm owned 71,310 shares of the exchange traded fund’s stock after purchasing an additional 47,295 shares during the period. Proficio Capital Partners LLC’s holdings in Vanguard Real Estate ETF were worth $6,876,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VNQ. Worth Asset Management LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 1st quarter valued at about $751,000. Pure Financial Advisors LLC grew its stake in Vanguard Real Estate ETF by 6.5% in the fourth quarter. Pure Financial Advisors LLC now owns 2,114,060 shares of the exchange traded fund’s stock valued at $187,073,000 after acquiring an additional 128,843 shares during the period. McIlrath & Eck LLC grew its stake in Vanguard Real Estate ETF by 5.4% in the fourth quarter. McIlrath & Eck LLC now owns 232,840 shares of the exchange traded fund’s stock valued at $20,604,000 after acquiring an additional 11,859 shares during the period. Keewaydin Investments LLC bought a new stake in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $6,235,000. Finally, Berkeley Capital Partners LLC raised its position in shares of Vanguard Real Estate ETF by 564.2% during the fourth quarter. Berkeley Capital Partners LLC now owns 26,437 shares of the exchange traded fund’s stock worth $2,339,000 after purchasing an additional 22,457 shares during the period. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.8%

NYSEARCA VNQ opened at $96.44 on Tuesday. The company has a fifty day simple moving average of $98.35 and a 200 day simple moving average of $95.73. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.80. The company has a market cap of $38.21 billion, a P/E ratio of 35.58 and a beta of 0.97.

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.