Kovack Advisors Inc. Has $1.09 Million Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Kovack Advisors Inc. lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,282 shares of the exchange traded fund’s stock after buying an additional 749 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $1,094,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Voya Financial Advisors Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.6% during the third quarter. Voya Financial Advisors Inc. now owns 7,581 shares of the exchange traded fund’s stock worth $733,000 after purchasing an additional 117 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of Vanguard Real Estate ETF by 1.6% in the fourth quarter. Westside Investment Management Inc. now owns 7,408 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 120 shares during the last quarter. JFS Wealth Advisors LLC lifted its position in Vanguard Real Estate ETF by 1.2% during the 3rd quarter. JFS Wealth Advisors LLC now owns 10,616 shares of the exchange traded fund’s stock worth $1,034,000 after buying an additional 130 shares in the last quarter. Destination Wealth Management grew its holdings in Vanguard Real Estate ETF by 0.5% during the 3rd quarter. Destination Wealth Management now owns 24,867 shares of the exchange traded fund’s stock worth $2,423,000 after acquiring an additional 130 shares during the last quarter. Finally, Stablepoint Partners LLC increased its position in Vanguard Real Estate ETF by 2.7% in the 4th quarter. Stablepoint Partners LLC now owns 5,102 shares of the exchange traded fund’s stock valued at $454,000 after acquiring an additional 133 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 0.4 %

Shares of NYSEARCA VNQ opened at $93.11 on Friday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The company has a 50-day moving average of $90.17 and a two-hundred day moving average of $93.51. The company has a market cap of $101.49 billion, a PE ratio of 34.84 and a beta of 1.07.

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.