Woodmont Investment Counsel LLC Buys New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Woodmont Investment Counsel LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, Holdings Channel reports. The firm purchased 600 shares of the exchange traded fund’s stock, valued at approximately $52,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of VNQ. Qube Research & Technologies Ltd grew 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 purchasing an additional 40,656 shares during the last quarter. Axxcess Wealth Management LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at about $1,289,000. Lido Advisors LLC boosted its position in shares of Vanguard Real Estate ETF by 7.0% during the 3rd quarter. Lido Advisors LLC now owns 147,778 shares of the exchange traded fund’s stock valued at $11,181,000 after acquiring an additional 9,656 shares in the last quarter. Kepos Capital LP acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at about $107,763,000. Finally, JPMorgan Chase & Co. lifted its holdings in Vanguard Real Estate ETF by 22.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock valued at $804,308,000 after purchasing an additional 1,955,619 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.3 %

VNQ stock traded up $0.27 during trading on Tuesday, hitting $83.24. 2,369,834 shares of the stock traded hands, compared to its average volume of 4,380,176. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $90.09. The stock has a market cap of $32.76 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The company has a 50 day simple moving average of $82.69 and a 200 day simple moving average of $84.41.

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.