Tobias Financial Advisors Inc. Makes New Investment in Vanguard Real Estate ETF $VNQ

Tobias Financial Advisors Inc. purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 175,612 shares of the exchange traded fund’s stock, valued at approximately $15,540,000. Vanguard Real Estate ETF makes up 2.2% of Tobias Financial Advisors Inc.’s investment portfolio, making the stock its 14th biggest position.

Other hedge funds also recently bought and sold shares of the company. IMG Wealth Management Inc. purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Evelyn Partners Investment Management LLP purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $26,000. Resources Management Corp CT ADV purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $27,000. Evermay Wealth Management LLC boosted its position in 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 worth $32,000 after purchasing an additional 113 shares in the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $98.51 on Monday. The company has a market capitalization of $37.97 billion, a P/E ratio of 35.58 and a beta of 0.98. The business’s 50 day moving average is $95.26 and its two-hundred day moving average is $92.51. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $98.86.

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.