Southern Capital Services Inc. ADV Buys Shares of 24,142 Vanguard Real Estate ETF $VNQ

Southern Capital Services Inc. ADV purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 24,142 shares of the exchange traded fund’s stock, valued at approximately $2,136,000. Vanguard Real Estate ETF accounts for about 1.3% of Southern Capital Services Inc. ADV’s holdings, making the stock its 20th biggest position.

Several other institutional investors also recently modified their holdings of VNQ. IMG Wealth Management Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter valued at approximately $26,000. Evelyn Partners Investment Management LLP bought a new stake in Vanguard Real Estate ETF in the fourth quarter valued at $26,000. Resources Management Corp CT ADV bought a new stake in Vanguard Real Estate ETF in the 4th quarter valued at about $27,000. Evermay Wealth Management LLC lifted its holdings in shares of Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at $34,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $95.56 on Friday. The stock’s 50 day moving average is $95.84 and its 200-day moving average is $92.69. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $99.15. The firm has a market capitalization of $36.84 billion, a PE ratio of 35.58 and a beta of 0.98.

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.