ACT Wealth Management LLC Invests $8.87 Million in Vanguard Real Estate ETF $VNQ

ACT Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 100,239 shares of the exchange traded fund’s stock, valued at approximately $8,870,000. Vanguard Real Estate ETF makes up about 2.9% of ACT Wealth Management LLC’s portfolio, making the stock its 9th largest position.

A number of other large investors have also recently modified their holdings of VNQ. Palisade Asset Management LLC bought a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $36,000. Texas Capital Bancshares Inc TX purchased a new position in shares of Vanguard Real Estate ETF during the third quarter valued at $44,000. Thompson Investment Management Inc. purchased a new position in shares of Vanguard Real Estate ETF during the third quarter valued at $45,000. Corsicana & Co. bought a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at about $47,000. Finally, Wealth Watch Advisors INC bought a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at about $47,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $88.70 on Wednesday. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $96.23. The company has a 50-day moving average of $92.17 and a 200 day moving average of $90.84. The firm has a market cap of $33.97 billion, a PE ratio of 35.58 and a beta of 1.03.

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.