Fifth Third Wealth Advisors LLC Grows Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Fifth Third Wealth Advisors LLC increased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 72.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 18,820 shares of the exchange traded fund’s stock after buying an additional 7,901 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,628,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter valued at approximately $27,000. Fortis Group Advisors LLC raised its position in Vanguard Real Estate ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 167 shares during the period. Pineridge Advisors LLC purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $33,000. Halpern Financial Inc. purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $33,000. Finally, ORG Partners LLC raised its position in Vanguard Real Estate ETF by 105.8% in the fourth quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 201 shares during the period.

Vanguard Real Estate ETF Stock Down 0.7 %

NYSEARCA VNQ traded down $0.62 on Friday, reaching $83.51. The stock had a trading volume of 2,467,930 shares, compared to its average volume of 4,392,218. The firm has a market capitalization of $32.87 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $90.09. The stock has a fifty day moving average price of $82.48 and a two-hundred day moving average price of $84.43.

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.