Fonville Wealth Management LLC Has $5.32 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Fonville Wealth Management LLC raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 15.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 59,665 shares of the exchange traded fund’s stock after purchasing an additional 8,108 shares during the quarter. Vanguard Real Estate ETF comprises about 1.8% of Fonville Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. Fonville Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $5,315,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bar Harbor Wealth Management grew its holdings in Vanguard Real Estate ETF by 3.7% during the third quarter. Bar Harbor Wealth Management now owns 3,034 shares of the exchange traded fund’s stock valued at $296,000 after purchasing an additional 107 shares during the period. Barrett & Company Inc. boosted its position in shares of Vanguard Real Estate ETF by 2.1% during the third quarter. Barrett & Company Inc. now owns 5,665 shares of the exchange traded fund’s stock worth $552,000 after purchasing an additional 116 shares in the last quarter. Voya Financial Advisors Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.6% in the 3rd quarter. Voya Financial Advisors Inc. now owns 7,581 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 117 shares during the period. Westside Investment Management Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.6% in the 4th quarter. Westside Investment Management Inc. now owns 7,408 shares of the exchange traded fund’s stock valued at $660,000 after buying an additional 120 shares during the period. Finally, JFS Wealth Advisors LLC increased its position in shares of Vanguard Real Estate ETF by 1.2% in the 3rd quarter. JFS Wealth Advisors LLC now owns 10,616 shares of the exchange traded fund’s stock valued at $1,034,000 after buying an additional 130 shares in the last quarter.

Vanguard Real Estate ETF Trading Down 0.3 %

VNQ stock opened at $91.63 on Monday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The firm has a market cap of $36.06 billion, a PE ratio of 22.09 and a beta of 1.03. The business’s 50-day moving average price is $90.71 and its two-hundred day moving average price is $93.33.

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.