Parkside Advisors LLC Raises Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Parkside Advisors LLC grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.9% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 84,937 shares of the exchange traded fund’s stock after purchasing an additional 2,393 shares during the period. Vanguard Real Estate ETF accounts for 2.0% of Parkside Advisors LLC’s holdings, making the stock its 15th largest position. Parkside Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $8,343,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. ORG Partners LLC acquired a new position in Vanguard Real Estate ETF in the second quarter valued at approximately $26,000. Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF in the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth $28,000. Fortis Group Advisors LLC increased its position in shares of Vanguard Real Estate ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 167 shares during the last quarter. Finally, Addison Advisors LLC increased its position in shares of Vanguard Real Estate ETF by 6,350.0% during the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 381 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $94.46 on Wednesday. The stock has a market capitalization of $37.18 billion, a P/E ratio of 22.09 and a beta of 1.03. The firm’s 50-day moving average is $94.61 and its two-hundred day moving average is $87.60. Vanguard Real Estate ETF has a 12 month low of $70.61 and a 12 month high of $99.58.

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.