Summit Wealth Partners LLC Makes New $577,000 Investment in Vanguard Real Estate ETF $VNQ

Summit Wealth Partners LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,508 shares of the exchange traded fund’s stock, valued at approximately $577,000.

Several other hedge funds have also modified their holdings of the company. Lansing Street Advisors grew its holdings in shares of Vanguard Real Estate ETF by 2.8% in the third quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock valued at $364,000 after purchasing an additional 110 shares in the last quarter. Signaturefd LLC increased its position in Vanguard Real Estate ETF by 8.4% in the fourth quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock worth $125,000 after purchasing an additional 110 shares during the last quarter. Nestegg Advisors Inc. lifted its position in Vanguard Real Estate ETF by 0.9% during the fourth quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock valued at $1,068,000 after purchasing an additional 112 shares during the last quarter. Opulen Financial Group LLC lifted its position in Vanguard Real Estate ETF by 2.2% during the fourth quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock valued at $470,000 after purchasing an additional 112 shares during the last quarter. Finally, VERITY Wealth Advisors lifted its position in Vanguard Real Estate ETF by 0.5% during the fourth quarter. VERITY Wealth Advisors now owns 24,712 shares of the exchange traded fund’s stock valued at $2,187,000 after purchasing an additional 113 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Up 1.1%

Shares of NYSEARCA:VNQ opened at $96.59 on Tuesday. The firm has a fifty day simple moving average of $95.92 and a two-hundred day simple moving average of $92.76. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The stock has a market capitalization of $37.23 billion, a P/E ratio of 35.58 and a beta of 0.98.

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.