JMG Financial Group Ltd. Buys 28,515 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

JMG Financial Group Ltd. boosted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 242,704 shares of the exchange traded fund’s stock after buying an additional 28,515 shares during the period. Vanguard Real Estate ETF makes up approximately 0.9% of JMG Financial Group Ltd.’s portfolio, making the stock its 18th biggest position. JMG Financial Group Ltd.’s holdings in Vanguard Real Estate ETF were worth $21,445,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in VNQ. Buck Wealth Strategies LLC bought a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $27,000. Allspring Global Investments Holdings LLC acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $27,000. Capital Investment Counsel Inc bought a new position in shares of Vanguard Real Estate ETF in the third quarter valued at $30,000. Annis Gardner Whiting Capital Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the third quarter valued at about $31,000. Finally, Halpern Financial Inc. acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $33,000.

Vanguard Real Estate ETF Trading Up 0.9 %

NYSEARCA VNQ traded up $0.73 during trading hours on Tuesday, hitting $80.43. The company’s stock had a trading volume of 5,441,241 shares, compared to its average volume of 4,902,683. The company has a market capitalization of $31.66 billion, a PE ratio of 22.27 and a beta of 1.05. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $90.09. The company’s 50-day simple moving average is $84.30 and its two-hundred day simple moving average is $82.70.

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.