Fonville Wealth Management LLC Takes $2.73 Million Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Fonville Wealth Management LLC bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, Holdings Channel reports. The fund bought 30,931 shares of the exchange traded fund’s stock, valued at approximately $2,733,000. Vanguard Real Estate ETF accounts for 1.4% of Fonville Wealth Management LLC’s holdings, making the stock its 24th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at $27,000. Eagle Bay Advisors LLC bought a new position in Vanguard Real Estate ETF during the 2nd quarter valued at $30,000. Buck Wealth Strategies LLC bought a new position in Vanguard Real Estate ETF during the 3rd quarter valued at $27,000. Halpern Financial Inc. bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at $33,000. Finally, ORG Partners LLC boosted its stake in Vanguard Real Estate ETF by 105.8% during the 4th quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 201 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.0 %

NYSEARCA VNQ traded up $0.01 during trading hours on Thursday, reaching $78.62. 4,158,259 shares of the company traded hands, compared to its average volume of 4,913,248. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $90.09. The stock has a market capitalization of $30.94 billion, a PE ratio of 22.27 and a beta of 1.05. The company has a 50 day moving average of $84.66 and a two-hundred day moving average of $82.48.

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.