Merit Financial Group LLC Buys 6,090 Shares of Vanguard Real Estate ETF $VNQ

Merit Financial Group LLC lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,770 shares of the exchange traded fund’s stock after buying an additional 6,090 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Real Estate ETF were worth $4,878,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Reyes Financial Architecture Inc. grew its holdings in shares of Vanguard Real Estate ETF by 405.5% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 296 shares during the period. Aberdeen Wealth Management LLC bought a new stake in shares of Vanguard Real Estate ETF during the first quarter valued at approximately $40,000. Anderson Financial Strategies LLC purchased a new stake in Vanguard Real Estate ETF in the first quarter worth $41,000. Olistico Wealth LLC bought a new position in Vanguard Real Estate ETF in the first quarter worth $44,000. Finally, CX Institutional lifted its position in Vanguard Real Estate ETF by 133.6% during the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 282 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 0.9%

Shares of VNQ stock opened at $90.56 on Tuesday. The company’s fifty day moving average price is $90.97 and its 200-day moving average price is $89.44. The stock has a market cap of $33.91 billion, a PE ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20.

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.