Kwmg LLC Purchases 8,671 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Kwmg LLC lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 320,244 shares of the exchange traded fund’s stock after purchasing an additional 8,671 shares during the quarter. Vanguard Real Estate ETF comprises 3.0% of Kwmg LLC’s holdings, making the stock its 4th largest position. Kwmg LLC’s holdings in Vanguard Real Estate ETF were worth $27,695,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter valued at $27,000. Fortis Group Advisors LLC raised its holdings in Vanguard Real Estate ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 167 shares during the period. Pineridge Advisors LLC purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $33,000. Halpern Financial Inc. purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $33,000. Finally, ORG Partners LLC grew its holdings in Vanguard Real Estate ETF by 105.8% in the fourth quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 201 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ traded down $0.45 during mid-day trading on Wednesday, hitting $83.13. 1,837,734 shares of the company were exchanged, compared to its average volume of 4,397,313. Vanguard Real Estate ETF has a 1-year low of $70.61 and a 1-year high of $90.09. The stock has a market cap of $32.72 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The company has a 50 day moving average of $82.39 and a 200-day moving average of $84.43.

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.