Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Bought by Meridian Wealth Management LLC

Meridian Wealth Management LLC boosted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,243 shares of the exchange traded fund’s stock after buying an additional 1,606 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,269,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $26,000. Decker Retirement Planning Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $26,000. Howard Capital Management Group LLC acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $26,000. CKW Financial Group acquired a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $27,000. Finally, Laurel Wealth Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 73.1% in the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 163 shares in the last quarter.

Vanguard Real Estate ETF Trading Down 1.2 %

Shares of VNQ opened at $93.25 on Wednesday. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The firm’s fifty day simple moving average is $90.45 and its 200-day simple moving average is $93.60. The firm has a market capitalization of $101.64 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07.

Vanguard Real Estate ETF Company 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.