Truepoint Inc. Increases Stock Holdings in Vanguard Real Estate ETF $VNQ

Truepoint Inc. lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 43.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,990 shares of the exchange traded fund’s stock after buying an additional 10,878 shares during the period. Truepoint Inc.’s holdings in Vanguard Real Estate ETF were worth $3,185,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. IMG Wealth Management Inc. purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Evermay Wealth Management LLC lifted its holdings in 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 worth $32,000 after acquiring an additional 113 shares during the period. Laurel Wealth Advisors LLC bought a new stake in Vanguard Real Estate ETF during the fourth quarter worth $34,000. Palisade Asset Management LLC bought a new stake in Vanguard Real Estate ETF during the third quarter worth $36,000. Finally, Pittenger & Anderson Inc. bought a new stake in Vanguard Real Estate ETF during the fourth quarter worth $36,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.0%

Shares of Vanguard Real Estate ETF stock opened at $97.68 on Thursday. The business’s fifty day simple moving average is $94.89 and its 200 day simple moving average is $92.39. The firm has a market capitalization of $37.65 billion, a P/E 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 $98.41.

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.