Axxcess Wealth Management LLC Buys 813 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Axxcess Wealth Management LLC boosted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.4% during the fourth quarter, Holdings Channel reports. The firm owned 19,260 shares of the exchange traded fund’s stock after purchasing an additional 813 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,716,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNQ. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Vanguard Real Estate ETF in the third quarter worth approximately $209,453,000. Raymond James Financial Inc. bought a new position in Vanguard Real Estate ETF in the fourth quarter worth approximately $124,165,000. FIDELIS iM LLC raised its position in Vanguard Real Estate ETF by 879.7% in the fourth quarter. FIDELIS iM LLC now owns 801,855 shares of the exchange traded fund’s stock worth $71,429,000 after acquiring an additional 720,010 shares during the period. US Bancorp DE raised its position in Vanguard Real Estate ETF by 11.5% in the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after acquiring an additional 585,657 shares during the period. Finally, Exchange Traded Concepts LLC raised its position in Vanguard Real Estate ETF by 685.7% in the fourth quarter. Exchange Traded Concepts LLC now owns 445,162 shares of the exchange traded fund’s stock worth $39,655,000 after acquiring an additional 388,506 shares during the period.

Vanguard Real Estate ETF Trading Up 0.1 %

VNQ opened at $91.34 on Thursday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The company has a market capitalization of $99.56 billion, a PE ratio of 33.73 and a beta of 1.08. The firm’s 50 day simple moving average is $91.01 and its two-hundred day simple moving average is $93.40.

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.