Sen. Markwayne Mullin Acquires Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock

Recently, Senator Markwayne Mullin, who represents Oklahoma as a Republican, made a noteworthy investment by purchasing shares of the Vanguard Real Estate ETF (NYSEARCA:VNQ). According to a filing that was made public on January 3, 2025, Mullin acquired between $1,001 and $15,000 worth of VNQ stock on December 26, 2024.

In addition to this investment, Senator Mullin engaged in several other trading activities around the same date. These include:

• Purchasing shares of iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) valued between $50,001 and $100,000 on December 26, 2024.
• Selling shares of Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) worth between $250,001 and $500,000 on December 26, 2024.
• Liquidating some shares of CyberArk Software (NASDAQ:CYBR) valued between $1,001 and $15,000 on December 18, 2024.
• Parting with shares of Axon Enterprise (NASDAQ:AXON) between $15,001 and $50,000 on December 18, 2024.
• Selling shares of Eaton (NYSE:ETN) valued between $15,001 and $50,000 on December 18, 2024.
• Moreover, he sold shares of Sprouts Farmers Market (NASDAQ:SFM), Eaton (NYSE:ETN) again, Ollie’s Bargain Outlet (NASDAQ:OLLI), Stride (NYSE:LRN), and Badger Meter (NYSE:BMI) in various amounts during this week.

Current Status of Vanguard Real Estate ETF

On January 4, 2025, Vanguard Real Estate ETF's stock opened at a price of $89.45. The ETF boasts a market capitalization of approximately $35.21 billion, with a price-to-earnings ratio of 22.09 and a beta of 1.03. The fund has seen a substantial seven-day period, increasing its value by 1.3%. Notably, its fifty-day moving average stands at $93.77, while the 200-day moving average is at $92.52. Over the past year, VNQ's stock has recorded a low of $78.27 and reached a high of $99.58.

Institutional Investment Trends

There have been significant modifications by institutional investors regarding their holdings in the Vanguard Real Estate ETF recently. Notably, Eastern Bank acquired a new stake during the third quarter worth about $26,000. Meanwhile, Addison Advisors LLC dramatically increased their position in the ETF by 6,350.0% in the second quarter, ending up with 387 shares valued at approximately $32,000 after purchasing an additional 381 shares. Other notable investments included new stakes by Eagle Bay Advisors LLC and Teachers Insurance & Annuity Association of America, each worth around $49,000.

About Senator Markwayne Mullin

Markwayne Mullin is a member of the U.S. Senate, having taken office on January 11, 2023. His current term is set to conclude on January 3, 2027. Mullin secured his Senate seat through a special election held on November 8, 2022. He is a proud member of the Cherokee Nation and is one of four Native American members in the 116th Congress. Before his political career, he ran a plumbing business that he took over from his father at the age of 20. He also has a background as a mixed martial artist and graduated from Stilwell High School. Mullin holds an associate degree in construction technology from Oklahoma State University Institute of Technology and has a strong entrepreneurial background.

Vanguard Real Estate ETF Overview

The Vanguard Real Estate ETF is an open-end investment fund that specializes in investing in stocks tied to real estate investment trusts (REITs). These companies typically invest in various forms of real estate, including office buildings and hotels. The ETF aims to track the performance of the MSCI US REIT Index, which serves as a benchmark for the sector. The Vanguard Group, Inc. acts as the investment advisor for this fund.

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