Cardinal Point Capital Management ULC Has $497,000 Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cardinal Point Capital Management ULC lessened its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 18.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,578 shares of the exchange traded fund’s stock after selling 1,293 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in Vanguard Real Estate ETF were worth $497,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in VNQ. Empower Advisory Group LLC grew its stake in Vanguard Real Estate ETF by 1.1% in the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock valued at $1,112,857,000 after purchasing an additional 125,586 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after purchasing an additional 263,065 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Vanguard Real Estate ETF by 7.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after acquiring an additional 523,467 shares during the period. US Bancorp DE increased its position in shares of Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock worth $494,836,000 after purchasing an additional 123,161 shares during the period. Finally, State of New Jersey Common Pension Fund D raised its position in shares of Vanguard Real Estate ETF by 465.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after buying an additional 3,774,000 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $86.60 on Tuesday. The stock’s fifty day moving average price is $92.74 and its two-hundred day moving average price is $92.82. The company has a market cap of $34.08 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58.

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.