Frank Rimerman Advisors LLC Buys 1,609 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Frank Rimerman Advisors LLC raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,323 shares of the exchange traded fund’s stock after acquiring an additional 1,609 shares during the quarter. Frank Rimerman Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $2,612,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of VNQ. United Bank boosted its position in shares of Vanguard Real Estate ETF by 22.4% in the 3rd quarter. United Bank now owns 47,305 shares of the exchange traded fund’s stock worth $4,608,000 after purchasing an additional 8,665 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of Vanguard Real Estate ETF by 6.2% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 197,394 shares of the exchange traded fund’s stock worth $19,230,000 after purchasing an additional 11,473 shares in the last quarter. Oppenheimer & Co. Inc. boosted its position in shares of Vanguard Real Estate ETF by 41.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 60,551 shares of the exchange traded fund’s stock worth $5,899,000 after purchasing an additional 17,683 shares in the last quarter. Sargent Investment Group LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter worth $232,000. Finally, Black Diamond Financial LLC boosted its position in shares of Vanguard Real Estate ETF by 13.4% in the 3rd quarter. Black Diamond Financial LLC now owns 41,472 shares of the exchange traded fund’s stock worth $4,040,000 after purchasing an additional 4,892 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $90.17 on Friday. The stock has a market capitalization of $98.29 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The business has a fifty day moving average price of $90.79 and a 200-day moving average price of $93.48.

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.