Arbor Wealth Advisors LLC Invests $530,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Arbor Wealth Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 6,000 shares of the exchange traded fund’s stock, valued at approximately $530,000.

Other hedge funds have also modified their holdings of the company. Buck Wealth Strategies LLC purchased a new stake in Vanguard Real Estate ETF in the 3rd quarter worth approximately $27,000. Allspring Global Investments Holdings LLC purchased a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Capital Investment Counsel Inc purchased a new stake in Vanguard Real Estate ETF in the 3rd quarter worth approximately $30,000. Annis Gardner Whiting Capital Advisors LLC purchased a new stake in Vanguard Real Estate ETF in the 3rd quarter worth approximately $31,000. Finally, Halpern Financial Inc. purchased a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $33,000.

Vanguard Real Estate ETF Price Performance

VNQ stock traded up $0.73 during midday trading on Tuesday, hitting $80.43. The stock had a trading volume of 5,441,241 shares, compared to its average volume of 4,902,683. The firm has a market cap of $31.66 billion, a PE ratio of 22.27 and a beta of 1.05. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $90.09. The company’s 50-day moving average price is $84.30 and its 200 day moving average price is $82.70.

Vanguard Real Estate ETF 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.