North Star Investment Management Corp. Increases Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

North Star Investment Management Corp. lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.1% in the 1st quarter, Holdings Channel reports. The firm owned 11,560 shares of the exchange traded fund’s stock after purchasing an additional 963 shares during the quarter. North Star Investment Management Corp.’s holdings in Vanguard Real Estate ETF were worth $1,047,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its stake in shares of Vanguard Real Estate ETF by 3.2% during the 4th quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after acquiring an additional 370,503 shares in the last quarter. US Bancorp DE raised its holdings in Vanguard Real Estate ETF by 11.5% during the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after purchasing an additional 585,657 shares during the last quarter. Wells Fargo & Company MN boosted its position in Vanguard Real Estate ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock worth $414,622,000 after purchasing an additional 227,202 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new stake in Vanguard Real Estate ETF in the fourth quarter valued at $299,211,000. Finally, Bank of New York Mellon Corp grew its holdings in Vanguard Real Estate ETF by 3.7% in the fourth quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock valued at $202,243,000 after purchasing an additional 79,954 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 1.0%

NYSEARCA:VNQ opened at $89.83 on Monday. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.58. The stock has a fifty day simple moving average of $87.87 and a 200-day simple moving average of $89.80. The company has a market capitalization of $95.22 billion, a PE ratio of 32.63 and a beta of 1.02.

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.