Verde Capital Management Buys 1,009 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Verde Capital Management lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,771 shares of the exchange traded fund’s stock after acquiring an additional 1,009 shares during the period. Verde Capital Management’s holdings in Vanguard Real Estate ETF were worth $1,138,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VNQ. Eastern Bank acquired a new stake in shares of Vanguard Real Estate ETF in the third quarter valued at approximately $26,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Decker Retirement Planning Inc. bought a new stake in Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Howard Capital Management Group LLC acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 163 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $90.40 on Friday. The business’s 50-day simple moving average is $91.99 and its 200 day simple moving average is $93.04. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The firm has a market capitalization of $35.58 billion, a PE ratio of 22.09 and a beta of 1.03.

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.