Mainsail Financial Group LLC Invests $3.11 Million in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Mainsail Financial Group LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,963 shares of the exchange traded fund’s stock, valued at approximately $3,110,000. Vanguard Real Estate ETF makes up about 2.1% of Mainsail Financial Group LLC’s holdings, making the stock its 17th largest position.

Several other institutional investors and hedge funds have also bought and sold shares of VNQ. YHB Investment Advisors Inc. raised its position in shares of Vanguard Real Estate ETF by 1.6% in the 4th quarter. YHB Investment Advisors Inc. now owns 7,593 shares of the exchange traded fund’s stock worth $671,000 after acquiring an additional 117 shares in the last quarter. Pacifica Partners Inc. raised its stake in shares of Vanguard Real Estate ETF by 11.4% in the fourth quarter. Pacifica Partners Inc. now owns 1,157 shares of the exchange traded fund’s stock worth $97,000 after buying an additional 118 shares during the period. Adero Partners LLC lifted its stake in shares of Vanguard Real Estate ETF by 0.4% during the 4th quarter. Adero Partners LLC now owns 32,923 shares of the exchange traded fund’s stock valued at $2,909,000 after buying an additional 121 shares in the last quarter. Brookmont Capital Management boosted its position in shares of Vanguard Real Estate ETF by 3.5% during the fourth quarter. Brookmont Capital Management now owns 3,666 shares of the exchange traded fund’s stock worth $324,000 after acquiring an additional 123 shares during the last quarter. Finally, Marco Investment Management LLC increased its holdings in shares of Vanguard Real Estate ETF by 1.8% in the fourth quarter. Marco Investment Management LLC now owns 7,640 shares of the exchange traded fund’s stock worth $675,000 after purchasing an additional 133 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 0.1 %

Shares of NYSEARCA:VNQ opened at $83.31 on Thursday. The company has a market cap of $32.79 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The company has a 50-day moving average price of $82.81 and a 200 day moving average price of $84.33. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $90.09.

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.