Vanguard Real Estate ETF $VNQ Stake Raised by Independence Asset Advisors LLC

Independence Asset Advisors LLC raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 66.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 35,421 shares of the exchange traded fund’s stock after buying an additional 14,123 shares during the period. Vanguard Real Estate ETF accounts for about 1.1% of Independence Asset Advisors LLC’s portfolio, making the stock its 8th largest position. Independence Asset Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $3,142,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC increased its position in Vanguard Real Estate ETF by 59.4% during the 4th 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 in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Vanguard Real Estate ETF by 267.6% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after purchasing an additional 5,532 shares in the last quarter. AQR Capital Management LLC lifted its holdings in Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after purchasing an additional 1,284 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Vanguard Real Estate ETF by 84.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after purchasing an additional 2,222 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Vanguard Real Estate ETF by 735.3% during the 2nd 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. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA VNQ opened at $98.67 on Monday. The company has a market cap of $38.04 billion, a PE 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. The company has a 50-day simple moving average of $96.23 and a 200-day simple moving average of $92.98.

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.