Vanguard Real Estate ETF $VNQ Shares Purchased by Fonville Wealth Management LLC

Fonville Wealth Management LLC boosted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 76,146 shares of the exchange traded fund’s stock after buying an additional 9,818 shares during the quarter. Vanguard Real Estate ETF makes up about 1.7% of Fonville Wealth Management LLC’s holdings, making the stock its 20th largest position. Fonville Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $6,782,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VNQ. Cullen Frost Bankers Inc. lifted its position in Vanguard Real Estate ETF by 365.3% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,340 shares of the exchange traded fund’s stock worth $119,000 after acquiring an additional 1,052 shares during the period. Kerntke Otto McGlone Wealth Management Group increased its holdings in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after purchasing an additional 285 shares during the period. Sovereign Financial Group Inc. raised its stake in shares of Vanguard Real Estate ETF by 1.9% during the second quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after purchasing an additional 114 shares during the last quarter. North Star Investment Management Corp. lifted its holdings in shares of Vanguard Real Estate ETF by 9.1% during the second quarter. North Star Investment Management Corp. now owns 12,613 shares of the exchange traded fund’s stock worth $1,123,000 after purchasing an additional 1,053 shares during the period. Finally, IFP Advisors Inc grew its position in Vanguard Real Estate ETF by 2.9% in the 2nd quarter. IFP Advisors Inc now owns 15,394 shares of the exchange traded fund’s stock valued at $1,371,000 after buying an additional 439 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $90.23 on Friday. The stock has a market capitalization of $34.04 billion, a P/E ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.20. The company’s fifty day moving average is $90.96 and its two-hundred day moving average is $90.08.

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.