Investment Planning Advisors Inc. Buys New Position in Vanguard Real Estate ETF $VNQ

Investment Planning Advisors Inc. bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 59,726 shares of the exchange traded fund’s stock, valued at approximately $5,298,000. Vanguard Real Estate ETF accounts for approximately 1.5% of Investment Planning Advisors Inc.’s portfolio, making the stock its 13th largest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. IMG Wealth Management Inc. acquired a new stake in Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Evelyn Partners Investment Management LLP acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Resources Management Corp CT ADV acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Evermay Wealth Management LLC raised its holdings in shares of Vanguard Real Estate ETF by 46.5% in the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $34,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $98.15 on Tuesday. The firm has a market cap of $37.83 billion, a PE ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15. The firm has a 50 day simple moving average of $96.29 and a 200 day simple moving average of $93.05.

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.