Vanguard Real Estate ETF $VNQ Shares Bought by Austin Asset Management Co Inc

Austin Asset Management Co Inc grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 236,628 shares of the exchange traded fund’s stock after buying an additional 15,333 shares during the quarter. Vanguard Real Estate ETF makes up approximately 3.5% of Austin Asset Management Co Inc’s portfolio, making the stock its 7th largest holding. Austin Asset Management Co Inc’s holdings in Vanguard Real Estate ETF were worth $20,989,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its stake in Vanguard Real Estate ETF by 9.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after buying an additional 1,033,999 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in Vanguard Real Estate ETF by 7.4% in the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after buying an additional 695,474 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Vanguard Real Estate ETF by 1.1% in the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock valued at $875,194,000 after acquiring an additional 111,978 shares during the period. Financial Engines Advisors L.L.C. boosted its holdings in shares of Vanguard Real Estate ETF by 1.6% in the fourth 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 acquiring an additional 53,115 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Vanguard Real Estate ETF by 0.6% in the fourth 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 acquiring an additional 14,957 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 1.6%

Shares of VNQ opened at $96.80 on Thursday. The company’s 50 day simple moving average is $96.55 and its 200-day simple moving average is $93.44. The firm has a market cap of $38.36 billion, a PE ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $99.15.

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.