Pillar Wealth Advisors LLC Takes Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Pillar Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, Holdings Channel.com reports. The firm purchased 2,351 shares of the exchange traded fund’s stock, valued at approximately $208,000.

Several other hedge funds have also recently made changes to their positions in VNQ. JMG Financial Group Ltd. increased its position in shares of Vanguard Real Estate ETF by 13.3% during the 4th quarter. JMG Financial Group Ltd. now owns 242,704 shares of the exchange traded fund’s stock valued at $21,445,000 after purchasing an additional 28,515 shares during the last quarter. Brookmont Capital Management boosted its stake in shares of Vanguard Real Estate ETF by 3.5% during the 4th quarter. Brookmont Capital Management now owns 3,666 shares of the exchange traded fund’s stock worth $324,000 after acquiring an additional 123 shares during the last quarter. Willis Johnson & Associates Inc. grew its position in shares of Vanguard Real Estate ETF by 1.1% during the 4th quarter. Willis Johnson & Associates Inc. now owns 14,904 shares of the exchange traded fund’s stock valued at $1,317,000 after acquiring an additional 156 shares during the period. Adaptive Financial Consulting LLC increased its stake in shares of Vanguard Real Estate ETF by 5.9% in the 3rd quarter. Adaptive Financial Consulting LLC now owns 118,238 shares of the exchange traded fund’s stock worth $8,946,000 after purchasing an additional 6,639 shares in the last quarter. Finally, Willow Creek Wealth Management Inc. raised its holdings in Vanguard Real Estate ETF by 14.8% in the 3rd quarter. Willow Creek Wealth Management Inc. now owns 69,098 shares of the exchange traded fund’s stock worth $5,228,000 after purchasing an additional 8,914 shares during the period.

Vanguard Real Estate ETF Trading Down 1.7 %

NYSEARCA VNQ traded down $1.35 on Tuesday, hitting $79.63. 7,003,970 shares of the company traded hands, compared to its average volume of 4,888,530. The business’s 50 day moving average price is $83.90 and its 200-day moving average price is $82.86. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09. The company has a market capitalization of $31.34 billion, a price-to-earnings ratio of 22.27 and a beta of 1.05.

Vanguard Real Estate ETF 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.