Litman Gregory Wealth Management LLC Buys 606 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Litman Gregory Wealth Management LLC grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 11,765 shares of the exchange traded fund’s stock after acquiring an additional 606 shares during the quarter. Litman Gregory Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,048,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of VNQ. Eastern Bank bought a new position in Vanguard Real Estate ETF in the third quarter valued at about $26,000. Godsey & Gibb Inc. bought a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $26,000. Finally, CKW Financial Group bought a new stake in Vanguard Real Estate ETF during the fourth quarter valued at approximately $27,000.

Vanguard Real Estate ETF Trading Down 0.2 %

VNQ opened at $90.55 on Friday. The firm’s 50 day simple moving average is $91.41 and its two-hundred day simple moving average is $93.24. The company has a market capitalization of $35.64 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

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.