Riverbridge Partners LLC Takes $516,000 Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Riverbridge Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 5,791 shares of the exchange traded fund’s stock, valued at approximately $516,000.

Other hedge funds have also recently bought and sold shares of the company. Fund Evaluation Group LLC increased its stake in Vanguard Real Estate ETF by 3.4% in the 2nd quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock valued at $1,356,000 after buying an additional 526 shares during the period. Bank of Montreal Can increased its stake in shares of Vanguard Real Estate ETF by 1.3% in the second quarter. Bank of Montreal Can now owns 173,643 shares of the exchange traded fund’s stock worth $14,581,000 after acquiring an additional 2,181 shares during the last quarter. Employees Retirement System of Texas increased its stake in shares of Vanguard Real Estate ETF by 301.7% in the second quarter. Employees Retirement System of Texas now owns 121,719 shares of the exchange traded fund’s stock worth $10,195,000 after acquiring an additional 91,419 shares during the last quarter. Drucker Wealth 3.0 LLC purchased a new stake in shares of Vanguard Real Estate ETF during the second quarter worth $1,700,000. Finally, Daymark Wealth Partners LLC boosted its position in Vanguard Real Estate ETF by 24.8% during the second quarter. Daymark Wealth Partners LLC now owns 8,183 shares of the exchange traded fund’s stock valued at $685,000 after purchasing an additional 1,626 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $90.40 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The stock’s 50-day moving average is $91.99 and its two-hundred day moving average is $93.04. The firm has a market cap of $35.58 billion, a P/E ratio of 22.09 and a beta of 1.03.

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.