Garde Capital Inc. Makes New Investment in Vanguard Real Estate ETF $VNQ

Garde Capital Inc. acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 396,684 shares of the exchange traded fund’s stock, valued at approximately $35,555,000. Vanguard Real Estate ETF accounts for about 2.0% of Garde Capital Inc.’s investment portfolio, making the stock its 10th largest holding.

Several other institutional investors have also modified their holdings of VNQ. Brooklands Fund Management Ltd acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth about $1,192,000. BOKF NA purchased a new stake in Vanguard Real Estate ETF during the third quarter worth approximately $9,125,000. Citizens Financial Group Inc. RI purchased a new stake in Vanguard Real Estate ETF during the third quarter worth approximately $43,317,000. Tectonic Advisors LLC lifted its stake in 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 worth $22,017,000 after purchasing an additional 10,375 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its holdings in Vanguard Real Estate ETF by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock valued at $213,042,000 after purchasing an additional 54,884 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Up 1.2%

Shares of VNQ opened at $95.06 on Tuesday. The company has a market capitalization of $38.13 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80. The stock has a 50 day moving average price of $93.12 and a 200 day moving average price of $94.58.

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.