Magnolia Private Wealth LLC Acquires New Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Magnolia Private Wealth LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,042 shares of the exchange traded fund’s stock, valued at approximately $449,000.

Several other large investors have also recently modified their holdings of VNQ. Van ECK Associates Corp acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $10,542,000. Thrivent Financial for Lutherans increased its position in shares of Vanguard Real Estate ETF by 7.3% during the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock worth $2,394,000 after buying an additional 1,670 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth about $97,000. Platform Technology Partners grew its position in shares of Vanguard Real Estate ETF by 17.7% during the 4th quarter. Platform Technology Partners now owns 4,508 shares of the exchange traded fund’s stock worth $402,000 after buying an additional 678 shares during the period. Finally, Principal Financial Group Inc. lifted its position in shares of Vanguard Real Estate ETF by 3.4% during the 3rd quarter. Principal Financial Group Inc. now owns 685,311 shares of the exchange traded fund’s stock valued at $66,763,000 after acquiring an additional 22,471 shares during the period.

Vanguard Real Estate ETF Stock Up 1.2 %

Shares of NYSEARCA VNQ opened at $93.13 on Wednesday. The firm has a market cap of $101.51 billion, a PE ratio of 34.84 and a beta of 1.07. The company’s fifty day simple moving average is $89.99 and its 200 day simple moving average is $93.52. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month 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.