Parsons Capital Management Inc. RI Raises Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Parsons Capital Management Inc. RI grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 16,220 shares of the exchange traded fund’s stock after acquiring an additional 702 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard Real Estate ETF were worth $1,445,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VNQ. Fund Evaluation Group LLC raised its holdings in Vanguard Real Estate ETF by 3.4% in the second quarter. Fund Evaluation Group LLC now owns 16,193 shares of the exchange traded fund’s stock worth $1,356,000 after purchasing an additional 526 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 18.0% in the 2nd quarter. NewEdge Advisors LLC now owns 78,731 shares of the exchange traded fund’s stock worth $6,594,000 after acquiring an additional 12,000 shares in the last quarter. Granite FO LLC purchased a new position in Vanguard Real Estate ETF during the 2nd quarter valued at about $245,000. Regal Investment Advisors LLC lifted its position in Vanguard Real Estate ETF by 0.4% during the 2nd quarter. Regal Investment Advisors LLC now owns 74,313 shares of the exchange traded fund’s stock valued at $6,224,000 after acquiring an additional 262 shares during the period. Finally, Newport Capital Group LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter worth about $738,000.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $91.92 on Tuesday. The company has a 50 day simple moving average of $91.86 and a two-hundred day simple moving average of $93.20. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The company has a market capitalization of $36.18 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.