Magnolia Wealth Management LLC Makes New Investment in Vanguard Real Estate ETF $VNQ

Magnolia Wealth Management LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 112,268 shares of the exchange traded fund’s stock, valued at approximately $10,264,000. Vanguard Real Estate ETF accounts for 6.3% of Magnolia Wealth Management LLC’s holdings, making the stock its 5th largest position.

Other large investors have also made changes to their positions in the company. Fiducient Advisors LLC grew its position in shares of Vanguard Real Estate ETF by 144.8% in the 3rd quarter. Fiducient Advisors LLC now owns 13,060 shares of the exchange traded fund’s stock valued at $1,194,000 after purchasing an additional 7,725 shares during the period. CENTRAL TRUST Co increased its stake in Vanguard Real Estate ETF by 56.4% during the 3rd quarter. CENTRAL TRUST Co now owns 37,174 shares of the exchange traded fund’s stock worth $3,398,000 after purchasing an additional 13,403 shares in the last quarter. Gould Asset Management LLC CA raised its holdings in Vanguard Real Estate ETF by 3.9% during the 3rd quarter. Gould Asset Management LLC CA now owns 161,662 shares of the exchange traded fund’s stock worth $14,779,000 after buying an additional 6,034 shares during the period. Chandler Asset Management Inc. raised its holdings in Vanguard Real Estate ETF by 4.6% during the 3rd quarter. Chandler Asset Management Inc. now owns 397,448 shares of the exchange traded fund’s stock worth $36,335,000 after buying an additional 17,595 shares during the period. Finally, Gibson Capital LLC lifted its stake in Vanguard Real Estate ETF by 0.9% in the third quarter. Gibson Capital LLC now owns 1,245,704 shares of the exchange traded fund’s stock valued at $113,882,000 after buying an additional 11,027 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.4%

Vanguard Real Estate ETF stock opened at $93.34 on Wednesday. The company has a 50 day moving average of $92.51 and a 200-day moving average of $91.05. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $96.23. The stock has a market capitalization of $35.74 billion, a PE ratio of 35.58 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.