Tide Cove Capital Partners LLC Grows Stock Holdings in Vanguard Real Estate ETF $VNQ

Tide Cove Capital Partners LLC lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.5% during the fourth quarter, Holdings Channel reports. The firm owned 94,756 shares of the exchange traded fund’s stock after acquiring an additional 6,585 shares during the period. Vanguard Real Estate ETF makes up 6.0% of Tide Cove Capital Partners LLC’s holdings, making the stock its 8th largest holding. Tide Cove Capital Partners LLC’s holdings in Vanguard Real Estate ETF were worth $8,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently made changes to their positions in the company. IMG Wealth Management Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. Evermay Wealth Management LLC lifted its position in shares of Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 113 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $34,000. Pittenger & Anderson Inc. bought a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $36,000. Finally, Palisade Asset Management LLC bought a new stake in Vanguard Real Estate ETF in the third quarter worth about $36,000. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $94.41 on Thursday. The firm has a market cap of $36.39 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $97.71. The firm’s 50-day simple moving average is $93.97 and its two-hundred day simple moving average is $92.12.

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.