Newport Capital Group LLC Has $1 Million Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Newport Capital Group LLC grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.3% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,042 shares of the exchange traded fund’s stock after buying an additional 755 shares during the quarter. Vanguard Real Estate ETF accounts for about 0.7% of Newport Capital Group LLC’s portfolio, making the stock its 25th largest holding. Newport Capital Group LLC’s holdings in Vanguard Real Estate ETF were worth $1,000,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VNQ. Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $299,211,000. Raymond James Financial Inc. acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $124,165,000. Brooklyn FI LLC raised its position in shares of Vanguard Real Estate ETF by 6,345.2% in the 4th quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock valued at $123,579,000 after buying an additional 1,288,137 shares in the last quarter. US Bancorp DE raised its position in shares of 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 in the last quarter. Finally, Empower Advisory Group LLC raised its position in shares of 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 valued at $1,050,591,000 after buying an additional 370,503 shares in the last quarter.

Vanguard Real Estate ETF Trading Down 1.0%

Shares of Vanguard Real Estate ETF stock opened at $89.83 on Friday. The firm has a market capitalization of $95.22 billion, a PE ratio of 32.63 and a beta of 1.02. The firm’s 50 day moving average is $87.87 and its 200 day moving average is $89.86. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.58.

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.