Brown Lisle Cummings Inc. Increases Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Brown Lisle Cummings Inc. raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 177.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 649 shares of the exchange traded fund’s stock after purchasing an additional 415 shares during the quarter. Brown Lisle Cummings Inc.’s holdings in Vanguard Real Estate ETF were worth $58,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Eastern Bank bought a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $26,000. Howard Capital Management Group LLC bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Godsey & Gibb Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Finally, CKW Financial Group purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $27,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $90.43 on Wednesday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The firm’s 50-day simple moving average is $91.27 and its two-hundred day simple moving average is $93.30. The stock has a market cap of $35.59 billion, a PE 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.