Fairway Wealth LLC Has $18.46 Million Position in Vanguard Real Estate ETF $VNQ

Fairway Wealth LLC grew its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 154.7% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 207,222 shares of the exchange traded fund’s stock after acquiring an additional 125,855 shares during the quarter. Vanguard Real Estate ETF comprises about 4.3% of Fairway Wealth LLC’s portfolio, making the stock its 9th biggest holding. Fairway Wealth LLC owned approximately 0.05% of Vanguard Real Estate ETF worth $18,455,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Sovereign Financial Group Inc. increased its holdings in Vanguard Real Estate ETF by 1.9% in the 2nd quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after purchasing an additional 114 shares in the last quarter. Wedmont Private Capital boosted its position in shares of Vanguard Real Estate ETF by 0.3% during the 2nd quarter. Wedmont Private Capital now owns 34,291 shares of the exchange traded fund’s stock valued at $3,058,000 after purchasing an additional 115 shares in the last quarter. MAS Advisors LLC boosted its holdings in Vanguard Real Estate ETF by 1.0% in the first quarter. MAS Advisors LLC now owns 11,808 shares of the exchange traded fund’s stock worth $1,069,000 after acquiring an additional 116 shares in the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in shares of Vanguard Real Estate ETF by 0.6% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 18,569 shares of the exchange traded fund’s stock worth $1,654,000 after purchasing an additional 117 shares during the last quarter. Finally, GAMMA Investing LLC raised its stake in shares of Vanguard Real Estate ETF by 27.8% in the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after purchasing an additional 119 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.7%

Shares of VNQ opened at $91.17 on Monday. The company has a market capitalization of $34.39 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. The stock has a 50 day moving average of $90.96 and a 200 day moving average of $89.42. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20.

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.