Eagle Bay Advisors LLC Acquires Shares of 9,362 Vanguard Real Estate ETF $VNQ

Eagle Bay Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,362 shares of the exchange traded fund’s stock, valued at approximately $830,000. Vanguard Real Estate ETF comprises about 0.7% of Eagle Bay Advisors LLC’s portfolio, making the stock its 28th largest holding.

A number of other institutional investors also recently modified their holdings of the company. IMG Wealth Management Inc. bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at approximately $26,000. Evelyn Partners Investment Management LLP purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Resources Management Corp CT ADV purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $27,000. Evermay Wealth Management LLC raised its holdings in shares of Vanguard Real Estate ETF by 46.5% during the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at approximately $34,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 1.2%

NYSEARCA:VNQ opened at $98.02 on Friday. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15. The company has a 50-day moving average price of $96.34 and a 200-day moving average price of $93.21. The stock has a market cap of $37.96 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

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.