Steph & Co. Takes Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Steph & Co. bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, HoldingsChannel reports. The fund bought 2,336 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. West Financial Advisors LLC raised its stake in shares of Vanguard Real Estate ETF by 2.3% during the fourth quarter. West Financial Advisors LLC now owns 16,316 shares of the exchange traded fund’s stock valued at $1,453,000 after acquiring an additional 372 shares during the last quarter. Pinnacle Bancorp Inc. raised its position in Vanguard Real Estate ETF by 13.2% during the 4th quarter. Pinnacle Bancorp Inc. now owns 11,972 shares of the exchange traded fund’s stock valued at $1,066,000 after purchasing an additional 1,393 shares during the last quarter. Websterrogers Financial Advisors LLC grew its position in shares of Vanguard Real Estate ETF by 1.0% in the 4th quarter. Websterrogers Financial Advisors LLC now owns 33,293 shares of the exchange traded fund’s stock worth $2,966,000 after buying an additional 330 shares during the last quarter. Roble Belko & Company Inc increased its stake in shares of Vanguard Real Estate ETF by 13.2% during the fourth quarter. Roble Belko & Company Inc now owns 191,374 shares of the exchange traded fund’s stock valued at $17,048,000 after buying an additional 22,262 shares during the period. Finally, Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000.

Vanguard Real Estate ETF Stock Up 0.6 %

NYSEARCA:VNQ opened at $87.89 on Thursday. The firm’s fifty day simple moving average is $92.58 and its 200 day simple moving average is $92.84. The stock has a market cap of $34.59 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58.

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.