Family Legacy Inc. Has $3.23 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Family Legacy Inc. lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,881 shares of the exchange traded fund’s stock after acquiring an additional 315 shares during the period. Family Legacy Inc.’s holdings in Vanguard Real Estate ETF were worth $3,234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VNQ. United Bank raised its position in shares of Vanguard Real Estate ETF by 22.4% in the third quarter. United Bank now owns 47,305 shares of the exchange traded fund’s stock valued at $4,608,000 after purchasing an additional 8,665 shares during the period. FMR LLC grew its stake in Vanguard Real Estate ETF by 79.5% in the 3rd quarter. FMR LLC now owns 93,457 shares of the exchange traded fund’s stock valued at $9,105,000 after buying an additional 41,398 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Vanguard Real Estate ETF in the 3rd quarter valued at $6,575,000. Edgestream Partners L.P. bought a new position in Vanguard Real Estate ETF in the 3rd quarter worth $262,000. Finally, FSA Wealth Management LLC acquired a new position in Vanguard Real Estate ETF during the 3rd quarter worth $65,000.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $89.71 on Monday. The company has a 50-day moving average of $91.37 and a two-hundred day moving average of $93.12. The stock has a market capitalization of $97.78 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.9319 per share. The ex-dividend date was Tuesday, March 25th.

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.