AdvisorNet Financial Inc Purchases 1,353 Shares of Vanguard Real Estate ETF $VNQ

AdvisorNet Financial Inc raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 159.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,201 shares of the exchange traded fund’s stock after acquiring an additional 1,353 shares during the quarter. AdvisorNet Financial Inc’s holdings in Vanguard Real Estate ETF were worth $196,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in VNQ. Brighton Jones LLC lifted its holdings in shares of Vanguard Real Estate ETF by 59.4% during the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after purchasing an additional 11,469 shares during the last quarter. Revolve Wealth Partners LLC lifted 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 purchasing an additional 5,532 shares during the last quarter. Vident Advisory LLC purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $235,000. Copia Wealth Management purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $27,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Vanguard Real Estate ETF by 0.7% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 341,756 shares of the exchange traded fund’s stock valued at $30,444,000 after purchasing an additional 2,469 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $90.13 on Friday. The firm has a 50 day moving average price of $90.97 and a 200-day moving average price of $89.43. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The firm has a market capitalization of $33.79 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91.

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.