Valeo Financial Advisors LLC Has $1.68 Million Stock Position in Vanguard Real Estate ETF $VNQ

Valeo Financial Advisors LLC lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 379.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,889 shares of the exchange traded fund’s stock after acquiring an additional 14,951 shares during the period. Valeo Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,682,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC grew its stake in shares of Vanguard Real Estate ETF by 65.5% in the first quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock worth $2,018,000 after acquiring an additional 8,816 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Vanguard Real Estate ETF by 100.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 1,000 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of Vanguard Real Estate ETF by 27.8% in the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 119 shares during the last quarter. Sowell Financial Services LLC grew its stake in shares of Vanguard Real Estate ETF by 3.9% in the first quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock worth $988,000 after acquiring an additional 413 shares during the last quarter. Finally, Kerntke Otto McGlone Wealth Management Group grew its stake in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock worth $1,059,000 after acquiring an additional 285 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

VNQ opened at $90.56 on Tuesday. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.20. The firm’s fifty day moving average price is $90.97 and its two-hundred day moving average price is $89.44. The company has a market capitalization of $33.91 billion, a P/E ratio of 35.58 and a beta of 0.91.

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.