Ted Buchan & Co Takes $6.69 Million Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Ted Buchan & Co acquired a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 79,866 shares of the exchange traded fund’s stock, valued at approximately $6,688,000. Vanguard Real Estate ETF comprises 3.6% of Ted Buchan & Co’s holdings, making the stock its 12th largest holding.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ORG Partners LLC bought a new stake in shares of Vanguard Real Estate ETF during the second quarter valued at approximately $26,000. Pathway Financial Advisers LLC purchased a new position in shares of Vanguard Real Estate ETF in the first quarter valued at $28,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Real Estate ETF in the second quarter valued at $28,000. Fortis Group Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 167 shares in the last quarter. Finally, Addison Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 6,350.0% in the second quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $97.40 on Tuesday. The firm has a fifty day moving average price of $93.89 and a 200 day moving average price of $87.17. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $99.58. The firm has a market cap of $38.34 billion, a PE ratio of 22.09 and a beta of 1.03.

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.