Sargent Investment Group LLC Invests $975,000 in Vanguard Real Estate ETF $VNQ

Sargent Investment Group LLC acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 11,022 shares of the exchange traded fund’s stock, valued at approximately $975,000.

Several other institutional investors have also recently modified their holdings of VNQ. Brighton Jones LLC raised its stake in shares of Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after purchasing an additional 11,469 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Vanguard Real Estate ETF by 17.5% in the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 1,284 shares during the last quarter. Russell Investments Group Ltd. raised its stake in shares of Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock worth $431,000 after purchasing an additional 2,222 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after purchasing an additional 1,402,196 shares during the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $98.51 on Monday. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $98.86. The stock has a market cap of $37.97 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The business has a 50-day moving average price of $95.26 and a 200-day moving average price of $92.51.

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.