Navalign LLC Has $13.45 Million Stock Holdings in Vanguard Real Estate ETF $VNQ

Navalign LLC grew its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.1% during the first quarter, Holdings Channel.com reports. The firm owned 151,588 shares of the exchange traded fund’s stock after acquiring an additional 18,765 shares during the quarter. Vanguard Real Estate ETF accounts for about 3.4% of Navalign LLC’s portfolio, making the stock its 10th biggest position. Navalign LLC’s holdings in Vanguard Real Estate ETF were worth $13,446,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in 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 in the last quarter. Wealthfront Advisers LLC boosted its stake 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 buying an additional 695,474 shares during the last quarter. Morgan Stanley boosted its stake 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 buying an additional 111,978 shares during the last quarter. Financial Engines Advisors L.L.C. grew its holdings in shares of 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 acquiring an additional 53,115 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of 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 acquiring an additional 14,957 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $98.40 on Wednesday. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $99.15. The company has a market cap of $38.99 billion, a P/E ratio of 35.58 and a beta of 0.98. The stock’s 50-day simple moving average is $96.51 and its 200 day simple moving average is $93.39.

Vanguard Real Estate ETF 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.