Partners Wealth Management LLC Invests $428,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Partners Wealth Management LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,802 shares of the exchange traded fund’s stock, valued at approximately $428,000.

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

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $91.64 on Monday. The stock’s 50 day simple moving average is $90.02 and its 200-day simple moving average is $93.49. The stock has a market cap of $36.07 billion, a P/E 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.

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.