Vanguard REIT ETF - VNQ

If you have been paying attention then you already know that I believe Charles Schwab ETFs are the best in the business. Also, REITS RULE! That being said, I believe that I have found a great combo of both investment vehicles. Introducing the Vanguard REIT ETF, stock ticker VNQ. Vanguard has Charles Schwab beat with this REIT ETF.
VNQ is an exchange-traded share class of Vanguard REIT Index Fund. The fund employs a passive management or indexing investment approach designed to track the performance of the MSCI US REIT Index, a benchmark of United States property trusts that covers about two-thirds of the value of the entire United States real estate investment trust (REIT) market. The Fund’s investment advisor is Vanguard Quantitative Equity Group.
VNQ pays a healthy 50 cent quarterly dividend, which is currently a 3.59% dividend yield (as of 12/14/11). It is the best REIT ETF out today. Within this ETF, Vanguard invests in stocks issued by real estate investment trusts (REITs), companies that purchase office buildings, hotels, and other real property. Their goal is to closely track the return of the MSCI US REIT Index, a gauge of real estate stocks.
If you do not want to invest your hard earned dollars into one or two REIT stocks, then why not purchase some VNQ tomorrow and hold 106 REIT stocks. Click here for a complete listing of stocks held within VNQ. VNQ offers high potential for investment income and some growth. Investing in VNQ is appropriate for helping diversify the risks of stocks and bonds in a Roth IRA portfolio.
Click here to learn more about this solid ETF and watch the video below to learn more about REITs.
Note: I am long VNQ and hold no vested interest in VNQ or Vanguard.