Proficio Capital Partners LLC Buys 47,295 Shares of Vanguard Real Estate ETF $VNQ

Proficio Capital Partners LLC increased its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 196.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 71,310 shares of the exchange traded fund’s stock after acquiring an additional 47,295 shares during the quarter. Proficio Capital Partners LLC’s holdings in Vanguard Real Estate ETF were worth $6,876,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VNQ. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF during the 4th quarter worth approximately $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 bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Palisade Asset Management LLC bought a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $36,000. Finally, Tower View Wealth Management LLC increased its position in shares of Vanguard Real Estate ETF by 320.0% during the first quarter. Tower View Wealth Management LLC now owns 399 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 304 shares during the period. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Down 0.8%

VNQ opened at $96.44 on Tuesday. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $101.80. The company has a fifty day moving average of $98.35 and a 200-day moving average of $95.73. The stock has a market cap of $38.21 billion, a PE ratio of 35.58 and a beta of 0.97.

Vanguard Real Estate ETF Company 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.