Arbor Wealth Advisors LLC Makes New Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Arbor Wealth Advisors LLC bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 6,000 shares of the exchange traded fund’s stock, valued at approximately $530,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VNQ. Cerity Partners LLC grew its position in Vanguard Real Estate ETF by 601.6% in the 4th quarter. Cerity Partners LLC now owns 4,364,788 shares of the exchange traded fund’s stock worth $385,673,000 after purchasing an additional 3,742,702 shares during the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new stake in Vanguard Real Estate ETF in the 3rd quarter worth $274,634,000. JPMorgan Chase & Co. grew its position in Vanguard Real Estate ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock worth $804,308,000 after purchasing an additional 1,955,619 shares during the last quarter. Kepos Capital LP acquired a new stake in Vanguard Real Estate ETF in the 3rd quarter worth $107,763,000. Finally, Exchange Traded Concepts LLC grew its position in Vanguard Real Estate ETF by 3,938.4% in the 4th quarter. Exchange Traded Concepts LLC now owns 1,188,777 shares of the exchange traded fund’s stock worth $105,040,000 after purchasing an additional 1,159,340 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock traded up $0.73 during trading on Tuesday, hitting $80.43. 5,441,241 shares of the company’s stock traded hands, compared to its average volume of 4,902,683. The firm’s fifty day moving average price is $84.30 and its 200 day moving average price is $82.70. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $90.09. The company has a market cap of $31.66 billion, a PE ratio of 22.27 and a beta of 1.05.

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.