SVRN Asset Management LLC bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 53,254 shares of the exchange traded fund’s stock, valued at approximately $4,712,000. Vanguard Real Estate ETF accounts for about 3.9% of SVRN Asset Management LLC’s investment portfolio, making the stock its 8th largest position.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Real Estate ETF by 9.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after purchasing an additional 1,033,999 shares during the period. Wealthfront Advisers LLC increased its position in 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 purchasing an additional 695,474 shares during the period. JPMorgan Chase & Co. increased its position in Vanguard Real Estate ETF by 6.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 8,535,135 shares of the exchange traded fund’s stock worth $780,282,000 after purchasing an additional 498,006 shares during the period. US Bancorp DE increased its position in Vanguard Real Estate ETF by 2.5% during the 3rd quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock worth $473,218,000 after purchasing an additional 124,389 shares during the period. Finally, Financial Engines Advisors L.L.C. increased its position in Vanguard Real Estate ETF by 1.6% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock worth $298,277,000 after purchasing an additional 53,115 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.
Vanguard Real Estate ETF Trading Up 0.9%
NYSEARCA VNQ opened at $98.51 on Friday. The business’s 50 day moving average is $95.26 and its two-hundred day moving average is $92.49. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $98.86. The stock has a market capitalization of $37.97 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.
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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