Mesirow Financial Investment Management Inc. Makes New $2.99 Million Investment in Vanguard Real Estate ETF $VNQ

Mesirow Financial Investment Management Inc. bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 33,343 shares of the exchange traded fund’s stock, valued at approximately $2,988,000.

Several other large investors have also recently added to or reduced their stakes in VNQ. Lido Advisors LLC grew its position in shares of Vanguard Real Estate ETF by 13.6% during the third quarter. Lido Advisors LLC now owns 207,037 shares of the exchange traded fund’s stock worth $18,557,000 after acquiring an additional 24,719 shares during the last quarter. Keybank National Association OH acquired a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter worth about $2,193,000. Narwhal Capital Management bought a new stake in Vanguard Real Estate ETF in the 3rd quarter valued at about $632,000. Cpwa LLC lifted its position in Vanguard Real Estate ETF by 7.9% in the 3rd quarter. Cpwa LLC now owns 5,370 shares of the exchange traded fund’s stock valued at $491,000 after purchasing an additional 393 shares during the last quarter. Finally, Idaho Trust Co bought a new stake in Vanguard Real Estate ETF in the 3rd quarter valued at about $6,099,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Down 0.1%

Vanguard Real Estate ETF stock opened at $97.02 on Thursday. The firm has a 50-day moving average price of $92.95 and a two-hundred day moving average price of $94.77. The firm has a market capitalization of $38.86 billion, a price-to-earnings ratio of 35.58 and a beta of 0.95. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.