Everhart Financial Group Inc. Increases Stock Position in Vanguard Real Estate ETF $VNQ

Everhart Financial Group Inc. boosted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,166 shares of the exchange traded fund’s stock after acquiring an additional 7,398 shares during the period. Vanguard Real Estate ETF accounts for 0.5% of Everhart Financial Group Inc.’s investment portfolio, making the stock its 27th biggest position. Everhart Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $5,324,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of VNQ. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Real Estate ETF by 8.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,960,194 shares of the exchange traded fund’s stock worth $1,001,981,000 after purchasing an additional 847,016 shares during the period. Wealthfront Advisers LLC increased its holdings in Vanguard Real Estate ETF by 6.4% during the 3rd quarter. Wealthfront Advisers LLC now owns 9,343,853 shares of the exchange traded fund’s stock valued at $854,215,000 after purchasing an additional 565,655 shares during the period. JPMorgan Chase & Co. increased its holdings in Vanguard Real Estate ETF by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,535,135 shares of the exchange traded fund’s stock valued at $780,282,000 after purchasing an additional 498,006 shares during the period. Gallagher Fiduciary Advisors LLC raised 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 purchasing an additional 5,653,040 shares during the last quarter. Finally, US Bancorp DE raised its position in Vanguard Real Estate ETF by 2.5% during the 3rd quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock valued at $473,218,000 after purchasing an additional 124,389 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $88.75 on Friday. The stock has a market cap of $33.99 billion, a P/E ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $96.23. The stock has a 50 day simple moving average of $92.62 and a two-hundred day simple moving average of $91.04.

Vanguard Real Estate ETF Company 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.