Modera Wealth Management LLC Buys New Position in Vanguard Real Estate ETF $VNQ

Modera Wealth Management LLC bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 112,027 shares of the exchange traded fund’s stock, valued at approximately $10,041,000.

A number of other institutional investors have also modified their holdings of VNQ. Cohalo Advisory LLC purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter worth approximately $27,000. Signature Resources Capital Management LLC grew its position in Vanguard Real Estate ETF by 79.9% in the 3rd quarter. Signature Resources Capital Management LLC now owns 304 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 135 shares during the last quarter. Atomic Invest LLC grew its position in Vanguard Real Estate ETF by 449.2% in the 2nd quarter. Atomic Invest LLC now owns 324 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 265 shares during the last quarter. Foresight Capital Management Advisors Inc. purchased a new position in Vanguard Real Estate ETF in the 3rd quarter valued at $36,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF during the 3rd quarter worth $39,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $93.94 on Friday. Vanguard Real Estate ETF has a one year low of $86.84 and a one year high of $101.80. The stock has a market capitalization of $37.68 billion, a PE ratio of 35.58 and a beta of 0.97. The company has a fifty day moving average of $93.18 and a 200-day moving average of $94.55.

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.