FDx Advisors Inc. Makes New $3.31 Million Investment in Vanguard Real Estate ETF $VNQ

FDx Advisors Inc. acquired a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, HoldingsChannel reports. The firm acquired 36,885 shares of the exchange traded fund’s stock, valued at approximately $3,306,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Brooklands Fund Management Ltd purchased a new position in Vanguard Real Estate ETF during the 3rd quarter worth approximately $1,192,000. BOKF NA purchased a new position in shares of Vanguard Real Estate ETF during the third quarter worth approximately $9,125,000. Citizens Financial Group Inc. RI purchased a new stake in Vanguard Real Estate ETF in the 3rd quarter valued at $43,317,000. Tectonic Advisors LLC grew its position in Vanguard Real Estate ETF by 4.4% during the 3rd quarter. Tectonic Advisors LLC now owns 245,640 shares of the exchange traded fund’s stock worth $22,017,000 after purchasing an additional 10,375 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its stake in shares of Vanguard Real Estate ETF by 521.5% during the second quarter. QRG Capital Management Inc. now owns 17,403 shares of the exchange traded fund’s stock worth $1,678,000 after buying an additional 14,603 shares during the period. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.0%

VNQ traded up $0.03 on Friday, hitting $96.47. 2,333,646 shares of the company traded hands, compared to its average volume of 3,737,734. The company has a 50 day moving average of $92.96 and a 200-day moving average of $94.83. The stock has a market capitalization of $106.12 billion, a PE ratio of 30.85 and a beta of 0.97. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.80.

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.