Carlson Capital Management Grows Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Carlson Capital Management lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 34.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 275,854 shares of the exchange traded fund’s stock after purchasing an additional 70,650 shares during the period. Vanguard Real Estate ETF comprises about 1.1% of Carlson Capital Management’s portfolio, making the stock its 12th biggest holding. Carlson Capital Management owned about 0.07% of Vanguard Real Estate ETF worth $26,874,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bar Harbor Wealth Management increased its position in shares of Vanguard Real Estate ETF by 3.7% in the third quarter. Bar Harbor Wealth Management now owns 3,034 shares of the exchange traded fund’s stock valued at $296,000 after buying an additional 107 shares in the last quarter. Dougherty Wealth Advisers LLC grew its stake in Vanguard Real Estate ETF by 0.4% in the 2nd quarter. Dougherty Wealth Advisers LLC now owns 25,965 shares of the exchange traded fund’s stock valued at $2,175,000 after acquiring an additional 116 shares during the period. Barrett & Company Inc. increased its holdings in Vanguard Real Estate ETF by 2.1% in the 3rd quarter. Barrett & Company Inc. now owns 5,665 shares of the exchange traded fund’s stock worth $552,000 after acquiring an additional 116 shares in the last quarter. McLean Asset Management Corp raised its position in Vanguard Real Estate ETF by 1.4% during the second quarter. McLean Asset Management Corp now owns 8,199 shares of the exchange traded fund’s stock worth $692,000 after acquiring an additional 117 shares during the period. Finally, First National Trust Co lifted its holdings in Vanguard Real Estate ETF by 2.9% during the second quarter. First National Trust Co now owns 4,148 shares of the exchange traded fund’s stock valued at $347,000 after purchasing an additional 118 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

VNQ stock traded down $0.50 during trading on Tuesday, hitting $97.08. The stock had a trading volume of 706,730 shares, compared to its average volume of 4,080,302. The company’s 50-day moving average price is $95.84 and its two-hundred day moving average price is $90.75. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The stock has a market capitalization of $38.21 billion, a P/E ratio of 22.09 and a beta of 1.03.

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.