Pure Financial Advisors LLC Grows Stake in Vanguard Real Estate ETF $VNQ

Pure Financial Advisors LLC increased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,114,060 shares of the exchange traded fund’s stock after purchasing an additional 128,843 shares during the quarter. Vanguard Real Estate ETF accounts for 2.8% of Pure Financial Advisors LLC’s portfolio, making the stock its 8th biggest holding. Pure Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $187,073,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VNQ. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Real Estate ETF by 8.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,960,194 shares of the exchange traded fund’s stock worth $1,001,981,000 after acquiring an additional 847,016 shares in the last quarter. Wealthfront Advisers LLC increased its holdings 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 acquiring an additional 695,474 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Vanguard Real Estate ETF by 6.2% during the third quarter. JPMorgan Chase & Co. now owns 8,535,135 shares of the exchange traded fund’s stock valued at $780,282,000 after acquiring an additional 498,006 shares in the last quarter. US Bancorp DE increased its holdings in shares of Vanguard Real Estate ETF by 2.5% during the third quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock valued at $473,218,000 after acquiring an additional 124,389 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. increased its holdings in shares of Vanguard Real Estate ETF by 1.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 3,317,631 shares of the exchange traded fund’s stock valued at $303,298,000 after acquiring an additional 32,240 shares in the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Up 0.2%

Shares of NYSEARCA:VNQ opened at $96.62 on Friday. Vanguard Real Estate ETF has a twelve month low of $86.36 and a twelve month high of $97.37. The stock’s 50 day moving average is $93.01 and its 200-day moving average is $91.39. The firm has a market capitalization of $37.25 billion, a price-to-earnings ratio of 35.58 and a beta of 1.00.

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.