Horizons Wealth Management Grows Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Horizons Wealth Management grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 107,646 shares of the exchange traded fund’s stock after acquiring an additional 3,586 shares during the period. Vanguard Real Estate ETF accounts for approximately 7.3% of Horizons Wealth Management’s investment portfolio, making the stock its 3rd biggest holding. Horizons Wealth Management’s holdings in Vanguard Real Estate ETF were worth $9,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Eastern Bank bought a new position in Vanguard Real Estate ETF in the 3rd quarter worth approximately $26,000. Chris Bulman Inc bought a new position in shares of Vanguard Real Estate ETF during the second quarter worth $46,000. Eagle Bay Advisors LLC purchased a new stake in Vanguard Real Estate ETF in the 3rd quarter worth $49,000. Teachers Insurance & Annuity Association of America purchased a new stake in shares of Vanguard Real Estate ETF in the third quarter worth about $49,000. Finally, Prospera Private Wealth LLC bought a new position in shares of Vanguard Real Estate ETF during the 3rd quarter valued at approximately $54,000.

Vanguard Real Estate ETF Stock Down 1.3 %

Shares of VNQ opened at $88.30 on Tuesday. The business has a fifty day moving average of $93.49 and a 200 day moving average of $92.71. The company has a market cap of $34.75 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58.

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.