Wealth Alliance Grows Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Wealth Alliance grew its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.7% during the second quarter, HoldingsChannel.com reports. The firm owned 121,220 shares of the exchange traded fund’s stock after acquiring an additional 4,367 shares during the quarter. Vanguard Real Estate ETF makes up about 1.3% of Wealth Alliance’s holdings, making the stock its 12th biggest holding. Wealth Alliance’s holdings in Vanguard Real Estate ETF were worth $10,153,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. ORG Partners LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter worth $26,000. Pathway Financial Advisers LLC purchased a new stake in Vanguard Real Estate ETF in the first quarter worth $28,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Real Estate ETF during the second quarter valued at $28,000. Fortis Group Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 167 shares during the period. Finally, Addison Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $98.28 on Wednesday. The business has a 50-day moving average price of $92.12 and a 200 day moving average price of $86.47. The company has a market capitalization of $38.68 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1-year low of $70.61 and a 1-year high of $99.40.

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.