Baker Ellis Asset Management LLC Makes New Investment in Vanguard Real Estate ETF $VNQ

Baker Ellis Asset Management LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the third quarter, HoldingsChannel reports. The firm purchased 10,102 shares of the exchange traded fund’s stock, valued at approximately $924,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its stake in Vanguard Real Estate ETF by 59.4% during the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after purchasing an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after buying an additional 5,532 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 1,284 shares during the period. SageView Advisory Group LLC raised its holdings in shares of Vanguard Real Estate ETF by 13.5% in the 1st quarter. SageView Advisory Group LLC now owns 17,061 shares of the exchange traded fund’s stock valued at $1,545,000 after buying an additional 2,029 shares during the period. Finally, Integrity Alliance LLC. acquired a new position in Vanguard Real Estate ETF during the 1st quarter worth about $312,000. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $89.29 on Friday. The stock has a market capitalization of $34.19 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The business has a 50-day moving average of $89.39 and a 200 day moving average of $90.20. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $94.95.

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.