11,292 Shares in Vanguard Real Estate ETF $VNQ Purchased by Independent Advisor Alliance

Independent Advisor Alliance bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,292 shares of the exchange traded fund’s stock, valued at approximately $999,000.

Several other large investors have also recently added to or reduced their stakes in VNQ. Evermay Wealth Management LLC increased its stake in Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $34,000. Pittenger & Anderson Inc. acquired a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $36,000. Palisade Asset Management LLC acquired a new stake in Vanguard Real Estate ETF during the third quarter worth about $36,000. Finally, Camelot Portfolios LLC acquired a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $38,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $93.91 on Friday. The firm has a market capitalization of $36.20 billion, a PE ratio of 35.58 and a beta of 1.00. The business has a 50-day moving average of $93.05 and a two-hundred day moving average of $91.55. Vanguard Real Estate ETF has a 12 month low of $86.36 and a 12 month high of $97.37.

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.