Hershey Financial Advisers LLC Makes New Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Hershey Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 18,642 shares of the exchange traded fund’s stock, valued at approximately $1,661,000. Vanguard Real Estate ETF makes up about 1.5% of Hershey Financial Advisers LLC’s holdings, making the stock its 29th largest position.

A number of other institutional investors and hedge funds have also made changes to their positions in VNQ. Van ECK Associates Corp acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth about $10,542,000. Proficio Capital Partners LLC bought a new stake in Vanguard Real Estate ETF in the fourth quarter valued at $1,349,000. Thompson Siegel & Walmsley LLC raised its stake in shares of Vanguard Real Estate ETF by 22.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 16,044 shares of the exchange traded fund’s stock valued at $1,429,000 after purchasing an additional 2,936 shares in the last quarter. Thrivent Financial for Lutherans raised its stake in shares of Vanguard Real Estate ETF by 7.3% during the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after purchasing an additional 1,670 shares in the last quarter. Finally, Avantax Advisory Services Inc. raised its position in Vanguard Real Estate ETF by 2.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 834,703 shares of the exchange traded fund’s stock worth $74,355,000 after acquiring an additional 17,599 shares in the last quarter.

Vanguard Real Estate ETF Trading Down 1.1 %

Shares of VNQ opened at $90.27 on Monday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The business’s 50-day moving average price is $91.18 and its 200 day moving average price is $93.33. The stock has a market capitalization of $98.39 billion, a P/E ratio of 33.73 and a beta of 1.08.

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.