Congress Wealth Management LLC DE Boosts Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Congress Wealth Management LLC DE grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 26.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 75,793 shares of the exchange traded fund’s stock after acquiring an additional 16,028 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Vanguard Real Estate ETF were worth $6,752,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in VNQ. Howard Capital Management Group LLC purchased a new stake in Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Godsey & Gibb Inc. purchased a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. CKW Financial Group purchased a new position in Vanguard Real Estate ETF during the 4th quarter valued at $27,000. Finally, Roxbury Financial LLC bought a new position in Vanguard Real Estate ETF in the 4th quarter valued at $37,000.

Vanguard Real Estate ETF Stock Down 2.1 %

VNQ stock opened at $89.71 on Wednesday. The firm has a market cap of $97.78 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The business’s fifty day simple moving average is $91.32 and its two-hundred day simple moving average is $93.27.

Vanguard Real Estate ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be issued a $0.9319 dividend. The ex-dividend date is Tuesday, March 25th.

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.