Schonfeld Strategic Advisors LLC Purchases New Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Schonfeld Strategic Advisors LLC bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, Holdings Channel.com reports. The firm bought 5,580 shares of the exchange traded fund’s stock, valued at approximately $497,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VNQ. Empower Advisory Group LLC increased its holdings in Vanguard Real Estate ETF by 3.2% in the 4th quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after purchasing an additional 370,503 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Vanguard Real Estate ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after buying an additional 263,065 shares during the last quarter. US Bancorp DE raised its holdings in Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after buying an additional 585,657 shares during the last quarter. Wells Fargo & Company MN boosted its position in Vanguard Real Estate ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock worth $414,622,000 after buying an additional 227,202 shares during the period. Finally, Bank of New York Mellon Corp increased its position in Vanguard Real Estate ETF by 3.7% in the 4th quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock valued at $202,243,000 after acquiring an additional 79,954 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $89.16 on Friday. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.58. The firm has a market cap of $94.51 billion, a PE ratio of 31.68 and a beta of 1.00. The firm’s fifty day moving average is $88.15 and its 200-day moving average is $90.92.

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.