Bank of New York Mellon Corp Grows Stake in Vanguard Real Estate ETF $VNQ

Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,772,100 shares of the exchange traded fund’s stock after purchasing an additional 8,142 shares during the quarter. Bank of New York Mellon Corp owned about 0.73% of Vanguard Real Estate ETF worth $246,883,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Hantz Financial Services Inc. raised its position in shares of Vanguard Real Estate ETF by 123.6% during the second quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 173 shares during the last quarter. Cohalo Advisory LLC purchased a new position in Vanguard Real Estate ETF during the second quarter valued at $29,000. Reyes Financial Architecture Inc. increased its holdings in Vanguard Real Estate ETF by 405.5% in the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 296 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in Vanguard Real Estate ETF in the 2nd quarter valued at $33,000. Finally, Aberdeen Wealth Management LLC purchased a new stake in Vanguard Real Estate ETF in the 1st quarter worth $40,000. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Up 0.2%

VNQ opened at $89.20 on Wednesday. The company has a market capitalization of $33.65 billion, a PE ratio of 35.58 and a beta of 1.03. The firm has a 50-day simple moving average of $91.11 and a two-hundred day simple moving average of $90.03. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.20.

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.