Johnson Wealth Management LLC Buys New Stake in Vanguard Real Estate ETF $VNQ

Johnson Wealth Management LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,681 shares of the exchange traded fund’s stock, valued at approximately $2,449,000. Vanguard Real Estate ETF accounts for 1.2% of Johnson Wealth Management LLC’s investment portfolio, making the stock its 16th largest holding.

A number of other large investors have also recently bought and sold shares of the business. IMG Wealth Management Inc. acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Evermay Wealth Management LLC grew its holdings in Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 113 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $34,000. Pittenger & Anderson Inc. purchased a new stake in Vanguard Real Estate ETF in the fourth quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC purchased a new stake in Vanguard Real Estate ETF in the third quarter valued at approximately $36,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.0%

Shares of VNQ stock opened at $97.68 on Thursday. The stock has a market cap of $37.65 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $98.41. The firm’s 50 day moving average price is $94.89 and its two-hundred day moving average price is $92.39.

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.