Sequoia Financial Advisors LLC Boosts Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sequoia Financial Advisors LLC increased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 257.1% in the 4th quarter, HoldingsChannel reports. The firm owned 122,229 shares of the exchange traded fund’s stock after purchasing an additional 88,004 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $10,888,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. QRG Capital Management Inc. purchased a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $244,000. United Bank increased its stake in shares of Vanguard Real Estate ETF by 22.4% during the 3rd quarter. United Bank now owns 47,305 shares of the exchange traded fund’s stock worth $4,608,000 after purchasing an additional 8,665 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its stake in shares of Vanguard Real Estate ETF by 13.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 11,192 shares of the exchange traded fund’s stock worth $1,090,000 after purchasing an additional 1,292 shares in the last quarter. Harbour Investments Inc. increased its stake in shares of Vanguard Real Estate ETF by 4.6% during the 3rd quarter. Harbour Investments Inc. now owns 17,550 shares of the exchange traded fund’s stock worth $1,710,000 after purchasing an additional 769 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. increased its stake in shares of Vanguard Real Estate ETF by 6.2% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 197,394 shares of the exchange traded fund’s stock worth $19,230,000 after purchasing an additional 11,473 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $90.18 on Thursday. The firm has a 50 day simple moving average of $90.78 and a 200-day simple moving average of $93.55. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The stock has a market cap of $98.30 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07.

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.