JDM Financial Group LLC Raises Holdings in Vanguard Real Estate ETF $VNQ

JDM Financial Group LLC lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 140,723 shares of the exchange traded fund’s stock after purchasing an additional 7,803 shares during the quarter. Vanguard Real Estate ETF comprises about 2.6% of JDM Financial Group LLC’s investment portfolio, making the stock its 11th biggest position. JDM Financial Group LLC’s holdings in Vanguard Real Estate ETF were worth $12,482,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VNQ. Arete Wealth Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 3.9% during the 1st quarter. Arete Wealth Advisors LLC now owns 27,545 shares of the exchange traded fund’s stock worth $2,442,000 after acquiring an additional 1,040 shares in the last quarter. SOA Wealth Advisors LLC. grew its holdings in shares of Vanguard Real Estate ETF by 146.7% in the first quarter. SOA Wealth Advisors LLC. now owns 560 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 333 shares in the last quarter. TrueWealth Financial Partners purchased a new position in shares of Vanguard Real Estate ETF in the first quarter valued at $10,182,000. McIlrath & Eck LLC increased its position in Vanguard Real Estate ETF by 2.2% in the first quarter. McIlrath & Eck LLC now owns 238,042 shares of the exchange traded fund’s stock worth $21,114,000 after purchasing an additional 5,202 shares during the last quarter. Finally, Genesis Financial Group LLC increased its position in Vanguard Real Estate ETF by 18.3% in the first quarter. Genesis Financial Group LLC now owns 10,098 shares of the exchange traded fund’s stock worth $896,000 after purchasing an additional 1,563 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 1.2%

Vanguard Real Estate ETF stock opened at $99.49 on Friday. The company has a market cap of $39.42 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The firm’s fifty day moving average is $97.59 and its 200 day moving average is $94.61. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.