Chicago Partners Investment Group LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) during the third quarter, HoldingsChannel reports. The firm purchased 49,371 shares of the exchange traded fund’s stock, valued at approximately $4,576,000.
Several other hedge funds have also added to or reduced their stakes in the business. Wealthfront Advisers LLC boosted its position in Vanguard Real Estate ETF by 0.3% during the first quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock worth $893,225,000 after purchasing an additional 30,853 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Vanguard Real Estate ETF by 27.3% in the first 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 purchasing an additional 736,312 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock valued at $213,042,000 after purchasing an additional 54,884 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Vanguard Real Estate ETF by 13.3% in the first quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock valued at $209,588,000 after purchasing an additional 278,151 shares during the last quarter. Finally, Fifth Third Bancorp raised its position in shares of Vanguard Real Estate ETF by 11.6% in the first quarter. Fifth Third Bancorp now owns 1,677,694 shares of the exchange traded fund’s stock valued at $148,811,000 after purchasing an additional 174,384 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.
Vanguard Real Estate ETF Price Performance
Shares of VNQ opened at $96.23 on Friday. The firm has a market capitalization of $38.60 billion, a PE ratio of 35.58 and a beta of 0.95. The company’s 50-day moving average is $92.96 and its 200-day moving average is $94.65. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.80.
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.
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