Founders Grove Wealth Partners LLC Has $1.33 Million Stock Position in Vanguard Real Estate ETF $VNQ

Founders Grove Wealth Partners LLC grew its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,894 shares of the exchange traded fund’s stock after buying an additional 160 shares during the quarter. Founders Grove Wealth Partners LLC’s holdings in Vanguard Real Estate ETF were worth $1,326,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. RFG Advisory LLC grew its holdings in shares of Vanguard Real Estate ETF by 1.8% during the second quarter. RFG Advisory LLC now owns 29,874 shares of the exchange traded fund’s stock valued at $2,661,000 after buying an additional 519 shares during the last quarter. Moran Wealth Management LLC bought a new position in shares of Vanguard Real Estate ETF during the second quarter valued at about $5,860,000. NorthRock Partners LLC lifted its position in shares of Vanguard Real Estate ETF by 83.8% during the second quarter. NorthRock Partners LLC now owns 11,336 shares of the exchange traded fund’s stock valued at $1,011,000 after purchasing an additional 5,169 shares in the last quarter. Verdence Capital Advisors LLC lifted its position in shares of Vanguard Real Estate ETF by 6.3% during the second quarter. Verdence Capital Advisors LLC now owns 50,378 shares of the exchange traded fund’s stock valued at $4,487,000 after purchasing an additional 2,964 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. bought a new position in shares of Vanguard Real Estate ETF during the second quarter valued at about $442,000. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

VNQ opened at $88.69 on Tuesday. The company’s 50-day moving average is $90.89 and its 200 day moving average is $89.40. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.20. The firm has a market capitalization of $33.46 billion, a P/E ratio of 35.58 and a beta of 0.91.

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.