Oppenheimer & Co. Inc. Purchases 24,521 Shares of Vanguard Real Estate ETF $VNQ

Oppenheimer & Co. Inc. acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 24,521 shares of the exchange traded fund’s stock, valued at approximately $2,198,000.

A number of other large investors have also modified their holdings of VNQ. Wealthfront Advisers LLC boosted its holdings in Vanguard Real Estate ETF by 0.3% in the first quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock valued at $893,225,000 after purchasing an additional 30,853 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Real Estate ETF by 27.3% in the 1st quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock valued at $304,365,000 after buying an additional 736,312 shares during the period. Cetera Investment Advisers boosted its stake in shares of Vanguard Real Estate ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock valued at $209,588,000 after buying an additional 278,151 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard Real Estate ETF by 2.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after buying an additional 54,884 shares in the last quarter. Finally, Fifth Third Bancorp grew its position in shares of Vanguard Real Estate ETF by 11.6% during the first quarter. Fifth Third Bancorp now owns 1,677,694 shares of the exchange traded fund’s stock worth $148,811,000 after buying an additional 174,384 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $93.94 on Friday. The company’s 50 day moving average price is $93.18 and its 200 day moving average price is $94.55. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.80. The firm has a market capitalization of $37.68 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97.

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.