Gemmer Asset Management LLC Acquires New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Gemmer Asset Management LLC acquired a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,550 shares of the exchange traded fund’s stock, valued at approximately $214,000.

A number of other large investors have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC acquired a new stake in Vanguard Real Estate ETF in the 4th quarter worth about $27,000. Sequoia Financial Advisors LLC boosted its stake in Vanguard Real Estate ETF by 8.5% in the 4th quarter. Sequoia Financial Advisors LLC now owns 16,466 shares of the exchange traded fund’s stock worth $1,455,000 after buying an additional 1,292 shares during the last quarter. Tennessee Valley Asset Management Partners acquired a new stake in Vanguard Real Estate ETF in the 4th quarter worth about $97,000. ORG Partners LLC boosted its stake in Vanguard Real Estate ETF by 105.8% in the 4th quarter. ORG Partners LLC now owns 391 shares of the exchange traded fund’s stock worth $35,000 after buying an additional 201 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in Vanguard Real Estate ETF by 66.9% in the 4th quarter. Koshinski Asset Management Inc. now owns 11,447 shares of the exchange traded fund’s stock worth $1,011,000 after buying an additional 4,589 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ traded up $0.79 during mid-day trading on Tuesday, reaching $91.21. The company’s stock had a trading volume of 3,089,387 shares, compared to its average volume of 4,312,338. The company’s fifty day simple moving average is $86.36 and its two-hundred day simple moving average is $84.59. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $92.13. The stock has a market cap of $35.90 billion, a P/E ratio of 22.09 and a beta of 1.03.

Vanguard Real Estate ETF Company 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.