Cooke Wealth Management LLC Buys New Position in Vanguard Real Estate ETF $VNQ

Cooke Wealth Management LLC bought a new position 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 firm bought 15,676 shares of the exchange traded fund’s stock, valued at approximately $1,424,000. Vanguard Real Estate ETF accounts for about 1.3% of Cooke Wealth Management LLC’s investment portfolio, making the stock its 18th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $36,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $44,000. Thompson Investment Management Inc. acquired a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $45,000. Heartwood Wealth Advisors LLC bought a new position in Vanguard Real Estate ETF during the third quarter worth $47,000. Finally, Corsicana & Co. bought a new position in Vanguard Real Estate ETF during the third quarter worth $47,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $90.23 on Monday. 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 capitalization of $34.91 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The firm has a fifty day simple moving average of $92.12 and a two-hundred day simple moving average of $90.79.

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.