Sage Financial Group Inc. Boosts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sage Financial Group Inc. raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 22.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 162,018 shares of the exchange traded fund’s stock after buying an additional 29,225 shares during the period. Vanguard Real Estate ETF accounts for about 1.2% of Sage Financial Group Inc.’s portfolio, making the stock its 14th largest position. Sage Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $14,433,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Eastern Bank acquired a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at $26,000. Howard Capital Management Group LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $26,000. Godsey & Gibb Inc. purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Finally, CKW Financial Group purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $27,000.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $89.61 on Thursday. The firm has a market cap of $35.27 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1 year low of $78.27 and a 1 year high of $99.58. The firm’s 50 day moving average price is $91.72 and its 200 day moving average price is $93.26.

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.