Carter Financial LLC Makes New $3.09 Million Investment in Vanguard Real Estate ETF $VNQ

Carter Financial LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 34,961 shares of the exchange traded fund’s stock, valued at approximately $3,094,000. Vanguard Real Estate ETF comprises about 2.7% of Carter Financial LLC’s portfolio, making the stock its 7th biggest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in VNQ. Rockefeller Capital Management L.P. lifted its holdings in Vanguard Real Estate ETF by 3.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 502,938 shares of the exchange traded fund’s stock valued at $44,505,000 after purchasing an additional 17,528 shares in the last quarter. World Investment Advisors boosted its stake in Vanguard Real Estate ETF by 45.9% during the 4th quarter. World Investment Advisors now owns 50,980 shares of the exchange traded fund’s stock worth $4,511,000 after purchasing an additional 16,044 shares during the last quarter. Farmers National Bank grew its holdings in shares of Vanguard Real Estate ETF by 52.1% during the fourth quarter. Farmers National Bank now owns 7,838 shares of the exchange traded fund’s stock worth $694,000 after buying an additional 2,686 shares in the last quarter. Winthrop Partners WNY LLC purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $1,030,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $4,676,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $95.56 on Friday. The firm has a 50-day simple moving average of $95.84 and a 200-day simple moving average of $92.69. The stock has a market capitalization of $36.84 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15.

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.