Prospect Financial Group LLC Takes $1.45 Million Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Prospect Financial Group LLC bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 16,246 shares of the exchange traded fund’s stock, valued at approximately $1,447,000. Vanguard Real Estate ETF makes up about 1.8% of Prospect Financial Group LLC’s investment portfolio, making the stock its 20th biggest position.

Several other large investors also recently bought and sold shares of the stock. Godsey & Gibb Inc. acquired a new position in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth $26,000. Howard Capital Management Group LLC purchased a new position in Vanguard Real Estate ETF in the fourth quarter valued at $26,000. CKW Financial Group acquired a new stake in Vanguard Real Estate ETF in the fourth quarter valued at $27,000. Finally, Laurel Wealth Advisors LLC lifted its holdings in Vanguard Real Estate ETF by 73.1% during the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $91.66 on Tuesday. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The stock has a market cap of $99.91 billion, a P/E ratio of 33.73 and a beta of 1.08. The stock has a 50-day simple moving average of $91.28 and a 200-day simple moving average of $93.31.

Vanguard Real Estate ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be paid a dividend of $0.9319 per share. The ex-dividend date of this dividend is Tuesday, March 25th.

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.