Savvy Advisors Inc. Boosts Stock Position in Vanguard Real Estate ETF $VNQ

Savvy Advisors Inc. lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 173.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 28,276 shares of the exchange traded fund’s stock after purchasing an additional 17,941 shares during the quarter. Savvy Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $2,502,000 at the end of the most recent reporting period.

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

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $90.23 on Monday. The company has a 50-day moving average price of $92.12 and a 200 day moving average price of $90.79. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $96.23. The stock has a market cap of $34.91 billion, a P/E ratio of 35.58 and a beta of 1.03.

Vanguard Real Estate ETF 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.