Friedenthal Financial Has $130,000 Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Friedenthal Financial raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1,042.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,337 shares of the exchange traded fund’s stock after purchasing an additional 1,220 shares during the quarter. Friedenthal Financial’s holdings in Vanguard Real Estate ETF were worth $130,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. ORG Partners LLC purchased a new stake in Vanguard Real Estate ETF in the 2nd quarter worth about $26,000. Pathway Financial Advisers LLC purchased a new stake in shares of Vanguard Real Estate ETF in the first quarter worth approximately $28,000. Triad Wealth Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF during the second quarter worth approximately $28,000. Addison Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 6,350.0% during the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 381 shares during the period. Finally, Voisard Asset Management Group Inc. purchased a new position in Vanguard Real Estate ETF during the second quarter valued at approximately $34,000.

Vanguard Real Estate ETF Stock Up 0.7 %

VNQ stock opened at $97.51 on Friday. The company has a 50 day moving average of $95.48 and a two-hundred day moving average of $88.15. The company has a market cap of $38.38 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $99.58.

Vanguard Real Estate ETF 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.