Cordant Inc. Buys 8,482 Shares of Vanguard Real Estate ETF $VNQ

Cordant Inc. raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 131,914 shares of the exchange traded fund’s stock after acquiring an additional 8,482 shares during the quarter. Vanguard Real Estate ETF comprises 4.9% of Cordant Inc.’s holdings, making the stock its 8th largest position. Cordant Inc.’s holdings in Vanguard Real Estate ETF were worth $11,673,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Palisade Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the third quarter worth approximately $36,000. Texas Capital Bancshares Inc TX bought a new position in shares of Vanguard Real Estate ETF during the third quarter worth approximately $44,000. Thompson Investment Management Inc. acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $45,000. Corsicana & Co. acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $47,000. Finally, Wealth Watch Advisors INC bought a new stake in Vanguard Real Estate ETF in the 3rd quarter valued at $47,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $87.84 on Thursday. The stock’s fifty day moving average price is $92.51 and its two-hundred day moving average price is $90.98. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $96.23. The firm has a market cap of $33.64 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.