Summit Financial Wealth Advisors LLC Buys 1,566 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Summit Financial Wealth Advisors LLC grew its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 34.9% in the first quarter, Holdings Channel.com reports. The institutional investor owned 6,048 shares of the exchange traded fund’s stock after buying an additional 1,566 shares during the quarter. Summit Financial Wealth Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $523,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Qube Research & Technologies Ltd lifted its position in Vanguard Real Estate ETF by 475.2% in the 3rd quarter. Qube Research & Technologies Ltd now owns 49,211 shares of the exchange traded fund’s stock worth $3,723,000 after buying an additional 40,656 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its stake in shares of Vanguard Real Estate ETF by 33.9% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 101,830 shares of the exchange traded fund’s stock valued at $7,704,000 after purchasing an additional 25,801 shares in the last quarter. Advisors Capital Management LLC grew its holdings in shares of Vanguard Real Estate ETF by 10.1% during the 3rd quarter. Advisors Capital Management LLC now owns 6,501 shares of the exchange traded fund’s stock valued at $492,000 after purchasing an additional 595 shares during the last quarter. First Foundation Advisors raised its position in Vanguard Real Estate ETF by 5.1% in the 3rd quarter. First Foundation Advisors now owns 37,771 shares of the exchange traded fund’s stock worth $2,858,000 after purchasing an additional 1,826 shares during the period. Finally, Harbour Investments Inc. lifted its stake in Vanguard Real Estate ETF by 2.1% in the third quarter. Harbour Investments Inc. now owns 18,663 shares of the exchange traded fund’s stock worth $1,412,000 after purchasing an additional 376 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ traded up $0.27 during trading on Monday, hitting $83.78. 3,238,846 shares of the company’s stock traded hands, compared to its average volume of 4,346,523. 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 of $83.00 and a two-hundred day moving average of $84.23. The firm has a market cap of $32.97 billion, a P/E ratio of 22.09 and a beta of 1.03.

Vanguard Real Estate ETF Company 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.