Sovran Advisors LLC Buys Shares of 17,015 Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sovran Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 17,015 shares of the exchange traded fund’s stock, valued at approximately $1,487,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VNQ. GAMMA Investing LLC grew its holdings in Vanguard Real Estate ETF by 236.5% during the 3rd quarter. GAMMA Investing LLC now owns 710 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 499 shares during the last quarter. City State Bank lifted its holdings in shares of Vanguard Real Estate ETF by 25.0% during the third quarter. City State Bank now owns 1,231 shares of the exchange traded fund’s stock worth $120,000 after purchasing an additional 246 shares during the period. Carnegie Investment Counsel grew its stake in shares of Vanguard Real Estate ETF by 37.5% in the third quarter. Carnegie Investment Counsel now owns 25,347 shares of the exchange traded fund’s stock worth $2,469,000 after purchasing an additional 6,912 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in Vanguard Real Estate ETF by 3.0% in the third quarter. Exchange Traded Concepts LLC now owns 56,656 shares of the exchange traded fund’s stock valued at $5,519,000 after purchasing an additional 1,660 shares during the period. Finally, Patriot Investment Management Group Inc. raised its position in Vanguard Real Estate ETF by 1.6% during the 3rd quarter. Patriot Investment Management Group Inc. now owns 209,626 shares of the exchange traded fund’s stock worth $20,422,000 after purchasing an additional 3,383 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 0.0 %

Shares of VNQ opened at $91.59 on Tuesday. The stock’s 50-day moving average price is $90.71 and its two-hundred day moving average price is $93.36. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The company has a market capitalization of $36.05 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.