Sumitomo Mitsui Financial Group Inc. Increases Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sumitomo Mitsui Financial Group Inc. grew its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,693 shares of the exchange traded fund’s stock after purchasing an additional 711 shares during the period. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $1,042,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Titleist Asset Management LLC purchased a new stake in Vanguard Real Estate ETF during the 4th quarter worth approximately $601,000. Peapack Gladstone Financial Corp increased its position in shares of Vanguard Real Estate ETF by 7.1% during the fourth quarter. Peapack Gladstone Financial Corp now owns 438,793 shares of the exchange traded fund’s stock worth $39,088,000 after acquiring an additional 29,210 shares during the period. Russell Investments Group Ltd. increased its position in shares of Vanguard Real Estate ETF by 47.9% during the fourth quarter. Russell Investments Group Ltd. now owns 1,393 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 451 shares during the period. Hurley Capital LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at $82,000. Finally, Wedbush Securities Inc. boosted its holdings in Vanguard Real Estate ETF by 5.1% in the fourth quarter. Wedbush Securities Inc. now owns 42,323 shares of the exchange traded fund’s stock valued at $3,770,000 after purchasing an additional 2,066 shares during the period.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $84.20 on Monday. The stock’s 50-day moving average is $91.22 and its two-hundred day moving average is $92.79. The company has a market cap of $91.78 billion, a price-to-earnings ratio of 32.61 and a beta of 1.00. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a $0.9319 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

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.