Marks Wealth LLC Makes New $28.48 Million Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Marks Wealth LLC bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 292,321 shares of the exchange traded fund’s stock, valued at approximately $28,478,000. Vanguard Real Estate ETF comprises about 12.2% of Marks Wealth LLC’s investment portfolio, making the stock its 3rd largest holding.

Several other large investors also recently made changes to their positions in VNQ. Fisher Asset Management LLC boosted its stake in shares of Vanguard Real Estate ETF by 50.5% during the 4th quarter. Fisher Asset Management LLC now owns 5,755 shares of the exchange traded fund’s stock worth $509,000 after acquiring an additional 1,932 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Vanguard Real Estate ETF by 3.5% during the 1st quarter. Park Avenue Securities LLC now owns 20,599 shares of the exchange traded fund’s stock worth $1,781,000 after acquiring an additional 697 shares in the last quarter. RFG Advisory LLC boosted its stake in shares of Vanguard Real Estate ETF by 227.8% during the 1st quarter. RFG Advisory LLC now owns 20,645 shares of the exchange traded fund’s stock worth $1,785,000 after acquiring an additional 14,347 shares in the last quarter. &PARTNERS boosted its stake in shares of Vanguard Real Estate ETF by 33.6% during the 1st quarter. &PARTNERS now owns 3,230 shares of the exchange traded fund’s stock worth $279,000 after acquiring an additional 813 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in shares of Vanguard Real Estate ETF by 88.6% during the 1st quarter. International Assets Investment Management LLC now owns 15,300 shares of the exchange traded fund’s stock worth $1,301,000 after acquiring an additional 7,189 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ traded up $0.72 during trading hours on Friday, hitting $97.51. 2,080,261 shares of the company were exchanged, compared to its average volume of 4,178,688. The firm’s 50 day moving average is $95.48 and its 200-day moving average is $88.15. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $99.58. The company has a market cap of $38.38 billion, a PE 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.