Frank Rimerman Advisors LLC Raises Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Frank Rimerman Advisors LLC increased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,323 shares of the exchange traded fund’s stock after acquiring an additional 1,609 shares during the period. Frank Rimerman Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $2,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNQ. Godsey & Gibb Inc. purchased a new position in Vanguard Real Estate ETF in the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. CKW Financial Group purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at about $27,000. Finally, Laurel Wealth Advisors LLC raised its stake in shares of Vanguard Real Estate ETF by 73.1% during the 4th quarter. Laurel Wealth Advisors LLC now owns 386 shares of the exchange traded fund’s stock valued at $34,000 after buying an additional 163 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $90.17 on Friday. The stock has a 50-day simple moving average of $90.79 and a two-hundred day simple moving average of $93.48. The firm has a market capitalization of $98.29 billion, a P/E ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week 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.