Verdence Capital Advisors LLC Purchases 2,964 Shares of Vanguard Real Estate ETF $VNQ

Verdence Capital Advisors LLC lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.3% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 50,378 shares of the exchange traded fund’s stock after buying an additional 2,964 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $4,487,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Sovereign Financial Group Inc. lifted its stake in shares of Vanguard Real Estate ETF by 1.9% in the second quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after acquiring an additional 114 shares during the period. Wedmont Private Capital lifted its stake in shares of Vanguard Real Estate ETF by 0.3% in the second quarter. Wedmont Private Capital now owns 34,291 shares of the exchange traded fund’s stock worth $3,058,000 after acquiring an additional 115 shares during the period. MAS Advisors LLC lifted its stake in shares of Vanguard Real Estate ETF by 1.0% in the first quarter. MAS Advisors LLC now owns 11,808 shares of the exchange traded fund’s stock worth $1,069,000 after acquiring an additional 116 shares during the period. Bartlett & CO. Wealth Management LLC lifted its stake in shares of Vanguard Real Estate ETF by 0.6% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 18,569 shares of the exchange traded fund’s stock worth $1,654,000 after acquiring an additional 117 shares during the period. Finally, GAMMA Investing LLC lifted its stake in shares of Vanguard Real Estate ETF by 27.8% in the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 119 shares during the period. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $88.13 on Monday. The stock’s 50 day moving average is $90.92 and its 200 day moving average is $89.41. The firm has a market cap of $33.25 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.20.

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.