Vanguard Real Estate ETF $VNQ Stock: Employees Retirement Fund of the City of Fort Worth Increases Holdings

Employees Retirement Fund of the City of Fort Worth lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.1% during the third quarter, HoldingsChannel reports. The firm owned 303,000 shares of the exchange traded fund’s stock after buying an additional 20,000 shares during the quarter. Vanguard Real Estate ETF comprises 9.9% of Employees Retirement Fund of the City of Fort Worth’s portfolio, making the stock its 3rd largest holding. Employees Retirement Fund of the City of Fort Worth’s holdings in Vanguard Real Estate ETF were worth $27,158,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC increased its stake in Vanguard Real Estate ETF by 0.3% during the 1st quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock worth $893,225,000 after purchasing an additional 30,853 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Vanguard Real Estate ETF by 27.3% in the 1st quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock valued at $304,365,000 after acquiring an additional 736,312 shares in the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Real Estate ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock worth $209,588,000 after purchasing an additional 278,151 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard Real Estate ETF by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after purchasing an additional 54,884 shares during the period. Finally, Fifth Third Bancorp boosted its stake in Vanguard Real Estate ETF by 11.6% in the 1st quarter. Fifth Third Bancorp now owns 1,677,694 shares of the exchange traded fund’s stock worth $148,811,000 after purchasing an additional 174,384 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ traded down $0.50 during trading on Friday, hitting $95.73. The stock had a trading volume of 3,642,473 shares, compared to its average volume of 3,741,682. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $101.80. The company’s 50-day moving average price is $92.92 and its two-hundred day moving average price is $94.67. The company has a market capitalization of $38.34 billion, a PE ratio of 35.58 and a beta of 0.95.

Vanguard Real Estate ETF 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.