Patton Fund Management Inc. Increases Stock Holdings in Vanguard Real Estate ETF $VNQ

Patton Fund Management Inc. increased its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 24.7% in the 1st quarter, Holdings Channel.com reports. The fund owned 68,856 shares of the exchange traded fund’s stock after acquiring an additional 13,652 shares during the quarter. Vanguard Real Estate ETF comprises approximately 1.0% of Patton Fund Management Inc.’s investment portfolio, making the stock its 12th biggest position. Patton Fund Management Inc.’s holdings in Vanguard Real Estate ETF were worth $6,108,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Real Estate ETF by 9.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock valued at $1,061,366,000 after purchasing an additional 1,033,999 shares during the period. Wealthfront Advisers LLC raised its position in shares of Vanguard Real Estate ETF by 7.4% during the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after purchasing an additional 695,474 shares during the last quarter. Morgan Stanley raised its position in shares of Vanguard Real Estate ETF by 1.1% during the 4th quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after purchasing an additional 111,978 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its stake in Vanguard Real Estate ETF by 1.6% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock valued at $298,277,000 after buying an additional 53,115 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Vanguard Real Estate ETF by 0.6% in the 4th quarter. Bank of New York Mellon Corp now owns 2,695,086 shares of the exchange traded fund’s stock valued at $238,488,000 after buying an additional 14,957 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $98.67 on Monday. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $99.15. The stock has a market cap of $38.04 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The business’s 50-day moving average is $96.23 and its 200 day moving average is $92.98.

Vanguard Real Estate ETF Company Profile

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.