WealthCollab LLC Has $7.28 Million Stock Position in Vanguard Real Estate ETF $VNQ

WealthCollab LLC raised its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,125 shares of the exchange traded fund’s stock after buying an additional 6,383 shares during the quarter. Vanguard Real Estate ETF comprises about 3.0% of WealthCollab LLC’s holdings, making the stock its 9th largest position. WealthCollab LLC’s holdings in Vanguard Real Estate ETF were worth $7,284,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. IMG Wealth Management Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Evelyn Partners Investment Management LLP purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Resources Management Corp CT ADV purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth about $27,000. Evermay Wealth Management LLC grew its holdings in shares of Vanguard Real Estate ETF by 46.5% during the fourth 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 worth approximately $34,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $99.52 on Wednesday. The firm’s 50 day simple moving average is $96.96 and its 200 day simple moving average is $94.07. The company has a market capitalization of $39.43 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $101.08.

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.