UNIVEST FINANCIAL Corp Makes New $1.40 Million Investment in Vanguard Real Estate ETF $VNQ

UNIVEST FINANCIAL Corp acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,658 shares of the exchange traded fund’s stock, valued at approximately $1,403,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Joel Isaacson & Co. LLC acquired a new position in shares of Vanguard Real Estate ETF in the third quarter worth about $1,517,000. Jefferies Financial Group Inc. acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at approximately $74,303,000. Valued Wealth Advisors LLC grew its stake in Vanguard Real Estate ETF by 12.5% during the 3rd quarter. Valued Wealth Advisors LLC now owns 1,797 shares of the exchange traded fund’s stock valued at $161,000 after purchasing an additional 199 shares in the last quarter. Brooklyn FI LLC grew its stake in Vanguard Real Estate ETF by 9.7% during the 3rd quarter. Brooklyn FI LLC now owns 22,868 shares of the exchange traded fund’s stock valued at $2,242,000 after purchasing an additional 2,025 shares in the last quarter. Finally, Prospect Financial Group LLC increased its holdings in Vanguard Real Estate ETF by 2.3% during the 3rd quarter. Prospect Financial Group LLC now owns 18,337 shares of the exchange traded fund’s stock worth $1,644,000 after purchasing an additional 409 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.6%

VNQ stock opened at $96.44 on Friday. The stock’s 50 day moving average is $92.97 and its two-hundred day moving average is $94.80. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80. The company has a market capitalization of $106.08 billion, a PE ratio of 30.85 and a beta of 0.97.

Vanguard Real Estate ETF Profile

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.