Note Advisors LLC Makes New Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Note Advisors LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 36,883 shares of the exchange traded fund’s stock, valued at approximately $3,286,000. Vanguard Real Estate ETF comprises 2.9% of Note Advisors LLC’s portfolio, making the stock its 6th largest holding.

Several other large investors have also recently modified their holdings of VNQ. Howard Capital Management Group LLC acquired a new position in Vanguard Real Estate ETF during the 4th quarter worth about $26,000. CKW Financial Group acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Nemes Rush Group LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Roxbury Financial LLC bought a new position in Vanguard Real Estate ETF during the fourth quarter worth $37,000. Finally, Golden State Wealth Management LLC acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at $41,000.

Vanguard Real Estate ETF Trading Down 0.6%

VNQ stock opened at $89.79 on Wednesday. The stock has a 50-day moving average price of $87.88 and a 200-day moving average price of $90.63. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.58. The firm has a market cap of $95.18 billion, a PE ratio of 32.32 and a beta of 1.03.

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.