Smith Moore & CO. Acquires 301 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Smith Moore & CO. lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.5% during the fourth quarter, HoldingsChannel reports. The firm owned 8,968 shares of the exchange traded fund’s stock after purchasing an additional 301 shares during the period. Smith Moore & CO.’s holdings in Vanguard Real Estate ETF were worth $799,000 at the end of the most recent quarter.

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

Vanguard Real Estate ETF Trading Down 4.3 %

VNQ opened at $84.20 on Friday. The business’s fifty day simple moving average is $91.22 and its 200-day simple moving average is $92.86. The company has a market capitalization of $91.78 billion, a price-to-earnings ratio of 32.61 and a beta of 1.00. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

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