Sen. Markwayne Mullin Purchases Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares

On January 4, 2025, it was reported that Senator Markwayne Mullin, a Republican from Oklahoma, has acquired shares in the Vanguard Real Estate ETF (NYSEARCA:VNQ). In a filing made public on January 3, the senator revealed that he bought between $1,001 and $15,000 worth of VNQ shares on December 26, 2024.

In addition to this recent investment, Senator Mullin made several notable financial transactions recently:

• He purchased shares of the iShares Core MSCI Emerging Markets ETF (NYSEARCA:IEMG) valued between $50,001 and $100,000 on December 26, 2024.
• On the same day, he sold shares of the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (NASDAQ:PDBC) worth between $250,001 and $500,000.
• Earlier, on December 18, he sold shares of CyberArk Software (NASDAQ:CYBR), Axon Enterprise (NASDAQ:AXON), Eaton (NYSE:ETN), Sprouts Farmers Market (NASDAQ:SFM), and others in various price ranges.

Current Status of Vanguard Real Estate ETF

The Vanguard Real Estate ETF (VNQ) opened at $89.45 on the last trading day. VNQ holds a market capitalization of $35.21 billion with a price-to-earnings ratio of 22.09 and a beta of 1.03. Over the past year, the stock has reached a high of $99.58 and a low of $78.27, indicating significant fluctuations.

Changes in Institutional Holdings

Recent movements among institutional investors reflect growing interest in the Vanguard Real Estate ETF. For instance, Eastern Bank acquired a new stake in VNQ valued at approximately $26,000 in the last quarter of 2024. Furthermore, Addison Advisors LLC significantly increased its holdings, witnessing a staggering 6,350.0% growth in their position during the second quarter. Meanwhile, other institutions have also made new acquisitions, indicating a trend of increased investment in the ETF.

About Senator Markwayne Mullin

Markwayne Mullin is a prominent American politician who has represented Oklahoma in the U.S. Senate since January 11, 2023. He was elected through a special election on November 8, 2022, for a term that will conclude on January 3, 2027. Mullin is part of the Cherokee Nation and is one of four Native Americans serving in Congress. Before his political career, he managed his father’s plumbing business and has a background as a professional mixed martial artist. He holds an associate degree in construction technology from Oklahoma State University Institute of Technology.

Understanding Vanguard Real Estate ETF

The Vanguard Real Estate ETF is designed to provide investment exposure to companies involved in the real estate sector. This includes investment trusts that own, operate, or finance income-producing real estate across various sectors. The fund seeks to track the returns of the MSCI US REIT Index, thereby giving investors a way to invest in the real estate market without needing to buy physical properties.

investment, realestate, Senator