Summit Financial LLC Grows Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Summit Financial LLC lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 11,783 shares of the exchange traded fund’s stock after buying an additional 1,602 shares during the quarter. Summit Financial LLC’s holdings in Vanguard Real Estate ETF were worth $1,050,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Howard Capital Management Group LLC purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. CKW Financial Group purchased a new position in Vanguard Real Estate ETF in the 4th quarter valued at approximately $27,000. Finally, Roxbury Financial LLC acquired a new position in shares of Vanguard Real Estate ETF in the fourth quarter worth $37,000.

Vanguard Real Estate ETF Trading Up 0.0 %

Shares of NYSEARCA VNQ opened at $90.58 on Wednesday. The stock has a market cap of $98.73 billion, a P/E ratio of 32.61 and a beta of 1.00. The business’s fifty day simple moving average is $91.37 and its 200-day simple moving average is $93.01. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.9319 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.