Independent Financial Group LLC Invests $3.27 Million in Vanguard Real Estate ETF $VNQ

Independent Financial Group LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the first quarter, according to its most recent filing with the SEC. The firm purchased 36,805 shares of the exchange traded fund’s stock, valued at approximately $3,265,000.

Other large investors also recently modified their holdings of the company. Efficient Advisors LLC boosted its position in Vanguard Real Estate ETF by 2.9% during the fourth quarter. Efficient Advisors LLC now owns 606,676 shares of the exchange traded fund’s stock valued at $53,685,000 after purchasing an additional 17,250 shares during the last quarter. Everhart Financial Group Inc. grew its holdings in Vanguard Real Estate ETF by 14.0% during the fourth quarter. Everhart Financial Group Inc. now owns 60,166 shares of the exchange traded fund’s stock worth $5,324,000 after purchasing an additional 7,398 shares during the period. Cambridge Advisors Inc. increased its position in Vanguard Real Estate ETF by 10.7% during the fourth quarter. Cambridge Advisors Inc. now owns 84,718 shares of the exchange traded fund’s stock worth $7,497,000 after buying an additional 8,213 shares during the last quarter. Finhabits Advisors LLC acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $3,406,000. Finally, Assetmark Inc. raised its stake in Vanguard Real Estate ETF by 3.1% in the fourth quarter. Assetmark Inc. now owns 861,933 shares of the exchange traded fund’s stock valued at $76,272,000 after buying an additional 26,059 shares during the period. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Down 0.0%

VNQ opened at $100.02 on Friday. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.08. The stock has a market cap of $39.63 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The business has a 50 day moving average of $96.85 and a 200-day moving average of $93.88.

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.