Krane Financial Solutions LLC Makes New $10.45 Million Investment in Vanguard Real Estate ETF $VNQ

Krane Financial Solutions LLC purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 117,761 shares of the exchange traded fund’s stock, valued at approximately $10,445,000. Vanguard Real Estate ETF comprises about 7.1% of Krane Financial Solutions LLC’s portfolio, making the stock its 5th biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in VNQ. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF in the 4th quarter valued at about $26,000. Evelyn Partners Investment Management LLP acquired a new position in Vanguard Real Estate ETF during the fourth quarter valued at approximately $26,000. Resources Management Corp CT ADV purchased a new stake in Vanguard Real Estate ETF during the fourth quarter worth approximately $27,000. Evermay Wealth Management LLC increased its position in shares of 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 worth $32,000 after acquiring an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth $34,000. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 0.5%

Shares of VNQ stock opened at $98.95 on Friday. The company’s fifty day simple moving average is $97.63 and its 200-day simple moving average is $94.64. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $101.80. The company has a market cap of $39.21 billion, a PE 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.