Brindle & Bay Financial Advisors LLC Invests $2.82 Million in Vanguard Real Estate ETF $VNQ

Brindle & Bay Financial Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 31,844 shares of the exchange traded fund’s stock, valued at approximately $2,818,000. Vanguard Real Estate ETF makes up about 1.9% of Brindle & Bay Financial Advisors LLC’s investment portfolio, making the stock its 14th largest position.

A number of other large investors have also made changes to their positions in VNQ. Evermay Wealth Management LLC increased its position in shares of Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 113 shares during the period. Palisade Asset Management LLC acquired a new position in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $36,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $44,000. Thompson Investment Management Inc. acquired a new position in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $45,000. Finally, Wealth Watch Advisors INC acquired a new position in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $47,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $95.30 on Friday. The stock’s fifty day moving average price is $92.86 and its 200 day moving average price is $91.08. Vanguard Real Estate ETF has a 1 year low of $86.36 and a 1 year high of $97.06. The company has a market cap of $36.74 billion, a price-to-earnings ratio of 35.58 and a beta of 1.02.

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.