Investment Partners LTD. Makes New $3.67 Million Investment in Vanguard Real Estate ETF $VNQ

Investment Partners LTD. bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 40,944 shares of the exchange traded fund’s stock, valued at approximately $3,670,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brooklands Fund Management Ltd purchased a new stake in Vanguard Real Estate ETF during the third quarter worth approximately $1,192,000. BOKF NA purchased a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $9,125,000. Citizens Financial Group Inc. RI purchased a new position in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $43,317,000. Envestnet Asset Management Inc. raised its stake in Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after acquiring an additional 54,884 shares in the last quarter. Finally, Tectonic Advisors LLC lifted its position in Vanguard Real Estate ETF by 4.4% in the third quarter. Tectonic Advisors LLC now owns 245,640 shares of the exchange traded fund’s stock valued at $22,017,000 after acquiring an additional 10,375 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $93.94 on Friday. The stock’s 50-day moving average is $93.18 and its two-hundred day moving average is $94.55. The firm has a market cap of $37.68 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year 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.