Keudell Morrison Wealth Management Makes New Investment in Vanguard Real Estate ETF $VNQ

Keudell Morrison Wealth Management purchased a new position in Vanguard Real Estate ETF (NYSEARCA:VNQFree Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 100,090 shares of the exchange traded fund’s stock, valued at approximately $8,857,000. Vanguard Real Estate ETF comprises approximately 1.9% of Keudell Morrison Wealth Management’s investment portfolio, making the stock its 14th biggest position.

Several other institutional investors and hedge funds have also bought and sold shares of VNQ. Brighton Jones LLC grew its holdings in Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after purchasing an additional 11,469 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares during the last quarter. AQR Capital Management LLC grew its holdings in Vanguard Real Estate ETF by 17.5% in the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 1,284 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock worth $431,000 after purchasing an additional 2,222 shares during the last quarter. Finally, State Street Corp grew its holdings in Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after purchasing an additional 1,402,196 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 0.2%

NYSEARCA VNQ opened at $96.67 on Friday. The firm’s fifty day simple moving average is $93.21 and its two-hundred day simple moving average is $91.73. Vanguard Real Estate ETF has a 12-month low of $86.36 and a 12-month high of $97.37. The firm has a market capitalization of $37.26 billion, a P/E ratio of 35.58 and a beta of 1.00.

Vanguard Real Estate ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Vanguard Real Estate ETF (NYSEARCA:VNQ)

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