Plancorp LLC Purchases New Position in Vanguard Real Estate ETF $VNQ

Plancorp LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 138,056 shares of the exchange traded fund’s stock, valued at approximately $12,969,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VNQ. Brooklands Fund Management Ltd bought a new stake in Vanguard Real Estate ETF during the third quarter valued at about $1,192,000. BOKF NA bought a new position in Vanguard Real Estate ETF in the third quarter worth about $9,125,000. Citizens Financial Group Inc. RI bought a new position in Vanguard Real Estate ETF in the third quarter worth about $43,317,000. Tectonic Advisors LLC lifted its position in shares of Vanguard Real Estate ETF by 4.4% during the third quarter. Tectonic Advisors LLC now owns 245,640 shares of the exchange traded fund’s stock valued at $22,017,000 after buying an additional 10,375 shares during the last quarter. Finally, QRG Capital Management Inc. lifted its position in shares of Vanguard Real Estate ETF by 521.5% during the second quarter. QRG Capital Management Inc. now owns 17,403 shares of the exchange traded fund’s stock valued at $1,678,000 after buying an additional 14,603 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Trading Down 0.5%

Shares of NYSEARCA:VNQ traded down $0.50 during trading on Friday, reaching $95.73. The stock had a trading volume of 3,642,473 shares, compared to its average volume of 3,741,682. The firm’s 50-day simple moving average is $92.92 and its 200 day simple moving average is $94.67. Vanguard Real Estate ETF has a one year low of $86.84 and a one year high of $101.80. The company has a market capitalization of $38.34 billion, a P/E ratio of 35.58 and a beta of 0.95.

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.