Concentric Wealth Management LLC Has $7.68 Million Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Concentric Wealth Management LLC grew its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,842 shares of the exchange traded fund’s stock after acquiring an additional 1,851 shares during the period. Vanguard Real Estate ETF accounts for 1.9% of Concentric Wealth Management LLC’s holdings, making the stock its 16th largest position. Concentric Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $7,681,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Estate Counselors LLC increased its position in Vanguard Real Estate ETF by 1,176.8% during the third quarter. Estate Counselors LLC now owns 71,183 shares of the exchange traded fund’s stock worth $6,930,000 after acquiring an additional 65,608 shares during the period. Von Berge Wealth Management Group LLC acquired a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $216,000. Centaurus Financial Inc. increased its holdings in shares of Vanguard Real Estate ETF by 178.9% during the third quarter. Centaurus Financial Inc. now owns 18,105 shares of the exchange traded fund’s stock worth $1,764,000 after purchasing an additional 11,613 shares during the period. Crewe Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 0.3% in the third quarter. Crewe Advisors LLC now owns 54,599 shares of the exchange traded fund’s stock valued at $5,319,000 after buying an additional 144 shares in the last quarter. Finally, MGB Wealth Management LLC boosted its stake in shares of Vanguard Real Estate ETF by 9.9% in the third quarter. MGB Wealth Management LLC now owns 2,225 shares of the exchange traded fund’s stock valued at $217,000 after buying an additional 200 shares during the period.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $96.24 on Monday. The business’s 50 day simple moving average is $95.87 and its 200 day simple moving average is $90.65. 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 $37.88 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.