Baker Tilly Wealth Management LLC Invests $632,000 in Vanguard Real Estate ETF $VNQ

Baker Tilly Wealth Management LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 6,908 shares of the exchange traded fund’s stock, valued at approximately $632,000.

Several other hedge funds have also bought and sold shares of the business. Empower Advisory Group LLC increased its stake in shares of Vanguard Real Estate ETF by 4.2% during the second quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock valued at $1,285,684,000 after purchasing an additional 577,515 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Real Estate ETF by 6.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,113,178 shares of the exchange traded fund’s stock worth $900,680,000 after buying an additional 570,141 shares during the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock valued at $781,786,000 after buying an additional 216,763 shares in the last quarter. Gallagher Fiduciary Advisors LLC increased its position in Vanguard Real Estate ETF by 8,739.3% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock valued at $509,221,000 after buying an additional 5,653,040 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in Vanguard Real Estate ETF by 33.5% during the first quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after buying an additional 1,178,304 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.4%

Vanguard Real Estate ETF stock opened at $88.59 on Friday. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $94.95. The company has a market capitalization of $33.42 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The business’s fifty day simple moving average is $90.00 and its two-hundred day simple moving average is $90.32.

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.