Strategic Financial Concepts LLC Boosts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Strategic Financial Concepts LLC lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9,744.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 461,007 shares of the exchange traded fund’s stock after purchasing an additional 456,324 shares during the quarter. Strategic Financial Concepts LLC owned approximately 0.12% of Vanguard Real Estate ETF worth $38,614,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter valued at approximately $26,000. Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new stake in Vanguard Real Estate ETF in the 2nd quarter valued at $28,000. Fortis Group Advisors LLC boosted its stake in Vanguard Real Estate ETF by 100.0% during 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. Finally, Addison Advisors LLC grew its position in Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $94.95 on Friday. The firm’s fifty day moving average is $90.12 and its two-hundred day moving average is $85.83. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $96.23. The firm has a market cap of $37.37 billion, a PE ratio of 22.09 and a beta of 1.03.

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.