Vanguard Real Estate ETF $VNQ Shares Purchased by Alpine Bank Wealth Management

Alpine Bank Wealth Management grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 34.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,535 shares of the exchange traded fund’s stock after purchasing an additional 4,750 shares during the period. Alpine Bank Wealth Management’s holdings in Vanguard Real Estate ETF were worth $1,651,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Reyes Financial Architecture Inc. lifted its stake in shares of Vanguard Real Estate ETF by 405.5% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 296 shares in the last quarter. Aberdeen Wealth Management LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at about $40,000. Anderson Financial Strategies LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at about $41,000. Olistico Wealth LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at about $44,000. Finally, CX Institutional lifted its stake in shares of Vanguard Real Estate ETF by 133.6% in the 2nd quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 282 shares in the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $91.02 on Monday. The firm has a market capitalization of $34.12 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.20. The business’s 50-day simple moving average is $90.99 and its 200-day simple moving average is $89.43.

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.