Mascoma Wealth Management LLC acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 24,061 shares of the exchange traded fund’s stock, valued at approximately $2,134,000. Vanguard Real Estate ETF accounts for approximately 0.4% of Mascoma Wealth Management LLC’s portfolio, making the stock its 29th largest holding.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of VNQ. Northwestern Mutual Wealth Management Co. raised its stake 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 valued at $1,061,366,000 after acquiring an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard Real Estate ETF by 7.4% during the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after purchasing an additional 695,474 shares in the last quarter. Morgan Stanley lifted its holdings in Vanguard Real Estate ETF by 1.1% in the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after purchasing an additional 111,978 shares during the period. Financial Engines Advisors L.L.C. grew its position in 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 buying an additional 53,115 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in Vanguard Real Estate ETF by 0.6% during 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 buying an additional 14,957 shares during the period. 60.03% of the stock is owned by institutional investors and hedge funds.
Vanguard Real Estate ETF Stock Performance
Shares of VNQ stock traded up $0.23 during midday trading on Friday, reaching $97.32. 2,539,323 shares of the company were exchanged, compared to its average volume of 3,773,914. The company’s 50 day moving average price is $96.62 and its two-hundred day moving average price is $93.53. The company has a market cap of $38.56 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15.
About Vanguard Real Estate ETF
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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