Kovack Advisors Inc. Boosts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Kovack Advisors Inc. lifted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,533 shares of the exchange traded fund’s stock after purchasing an additional 300 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard Real Estate ETF were worth $1,124,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. ORG Partners LLC acquired a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth approximately $26,000. Eastern Bank purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter worth approximately $26,000. Pathway Financial Advisers LLC purchased a new stake in shares of Vanguard Real Estate ETF during the first quarter worth approximately $28,000. Triad Wealth Partners LLC purchased a new position in Vanguard Real Estate ETF in the 2nd quarter valued at $28,000. Finally, Addison Advisors LLC boosted its stake in Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Stock Up 0.6 %

Vanguard Real Estate ETF stock opened at $94.62 on Thursday. The company has a fifty day simple moving average of $96.15 and a 200-day simple moving average of $89.87. The firm has a market capitalization of $37.24 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52-week low of $77.25 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.