Synergy Asset Management LLC Purchases New Shares in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Synergy Asset Management LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,116 shares of the exchange traded fund’s stock, valued at approximately $109,000.

A number of other institutional investors have also added to or reduced their stakes in VNQ. Drystone LLC purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $7,374,000. Hanson & Doremus Investment Management increased its stake in shares of Vanguard Real Estate ETF by 12.3% during the fourth quarter. Hanson & Doremus Investment Management now owns 1,565 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 172 shares in the last quarter. Plimoth Trust Co. LLC lifted its holdings in shares of Vanguard Real Estate ETF by 1.6% during the fourth quarter. Plimoth Trust Co. LLC now owns 69,989 shares of the exchange traded fund’s stock valued at $6,235,000 after purchasing an additional 1,135 shares during the last quarter. Field & Main Bank boosted its position in shares of Vanguard Real Estate ETF by 2.4% in the 4th quarter. Field & Main Bank now owns 17,989 shares of the exchange traded fund’s stock worth $1,602,000 after purchasing an additional 430 shares in the last quarter. Finally, Strategic Blueprint LLC grew its stake in shares of Vanguard Real Estate ETF by 1.2% in the 4th quarter. Strategic Blueprint LLC now owns 14,111 shares of the exchange traded fund’s stock worth $1,257,000 after buying an additional 168 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 1.3 %

Shares of NYSEARCA:VNQ opened at $90.75 on Friday. The stock has a fifty day simple moving average of $91.62 and a two-hundred day simple moving average of $93.24. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The stock has a market capitalization of $35.72 billion, a price-to-earnings 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.