Lpwm LLC Raises Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Lpwm LLC increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.2% in the fourth quarter, Holdings Channel reports. The fund owned 57,479 shares of the exchange traded fund’s stock after purchasing an additional 4,834 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 1.6% of Lpwm LLC’s portfolio, making the stock its 15th largest position. Lpwm LLC’s holdings in Vanguard Real Estate ETF were worth $5,120,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bar Harbor Wealth Management lifted its stake in Vanguard Real Estate ETF by 3.7% in the third quarter. Bar Harbor Wealth Management now owns 3,034 shares of the exchange traded fund’s stock worth $296,000 after acquiring an additional 107 shares during the period. Barrett & Company Inc. lifted its stake in Vanguard Real Estate ETF by 2.1% in the third quarter. Barrett & Company Inc. now owns 5,665 shares of the exchange traded fund’s stock worth $552,000 after acquiring an additional 116 shares during the period. Voya Financial Advisors Inc. lifted its stake in Vanguard Real Estate ETF by 1.6% in the third quarter. Voya Financial Advisors Inc. now owns 7,581 shares of the exchange traded fund’s stock worth $733,000 after acquiring an additional 117 shares during the period. JFS Wealth Advisors LLC lifted its stake in Vanguard Real Estate ETF by 1.2% in the third quarter. JFS Wealth Advisors LLC now owns 10,616 shares of the exchange traded fund’s stock worth $1,034,000 after acquiring an additional 130 shares during the period. Finally, Destination Wealth Management lifted its stake in Vanguard Real Estate ETF by 0.5% in the third quarter. Destination Wealth Management now owns 24,867 shares of the exchange traded fund’s stock worth $2,423,000 after acquiring an additional 130 shares during the period.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $87.39 on Wednesday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The company has a 50-day moving average of $92.58 and a 200 day moving average of $92.84. The firm has a market cap of $34.40 billion, a PE ratio of 22.09 and a beta of 1.03.

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.