Index Overview:
This Vanguard index ETF is a diversified portfolio fund of 186 companies that seek to provide a high level of income and moderate long-term capital appreciation by investing in a wide range stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. The goal is to closely track the return of the MSCI US Investable Market Real Estate 25/50 Transition Index. Offers high potential for investment income and some growth; share value rises and falls more sharply than that of funds holding bonds.
Statistics:
- Dividend Yield: 6.4%
- 3Yr Dividend Growth Rate: 6.4%
- Dividend Payout: Quarterly
- Expense Ratio: .12%
- Rating: Morningstar 3 Star Overall Fund
More Info:
Click here at Vanguard.com
I purchased 70 shares of Vanguard Real Estate Index ETF (VNQ) for the price of $78.49 per share for a total investment of $5,494.30 adding around $352.80 to my annual dividend income.
This is the 2nd time I am initiating a stock acquisition this year. This transaction is my first ever purchase of VNQ stock shares into the portfolio. Currently, VNQ ownership stake represents to be around 4.5% of my current portfolio value. Also, the acquisition of VNQ makes it the 40th company or ownership stake I am invested in.
Conclusion:
The Portfolio “The Dividend Machine” has been updated with link ➡ here.
Thank you for reading & have a great day!