MGB Wealth Management LLC Raises Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

MGB Wealth Management LLC grew its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,225 shares of the exchange traded fund’s stock after purchasing an additional 200 shares during the quarter. MGB Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $217,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Truepoint Inc. increased its holdings in shares of Vanguard Real Estate ETF by 2.0% during the 3rd quarter. Truepoint Inc. now owns 20,709 shares of the exchange traded fund’s stock worth $2,017,000 after buying an additional 407 shares during the last quarter. Jim Saulnier & Associates LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter worth $431,000. Fairfield University increased its holdings in shares of Vanguard Real Estate ETF by 0.8% during the 3rd quarter. Fairfield University now owns 203,445 shares of the exchange traded fund’s stock worth $19,820,000 after buying an additional 1,697 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in shares of Vanguard Real Estate ETF by 1.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 67,042 shares of the exchange traded fund’s stock worth $6,531,000 after buying an additional 1,153 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Vanguard Real Estate ETF by 6.7% during the 3rd quarter. Cerity Partners LLC now owns 862,823 shares of the exchange traded fund’s stock worth $84,088,000 after buying an additional 54,031 shares during the last quarter.

Vanguard Real Estate ETF Stock Up 0.8 %

VNQ stock opened at $96.24 on Friday. The company has a market cap of $37.88 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The business has a fifty day simple moving average of $95.87 and a 200-day simple moving average of $90.59. 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.