Kestra Advisory Services LLC raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) by 5.3% during the third quarter, Holdings Channel reports. The firm owned 347,899 shares of the exchange traded fund’s stock after buying an additional 17,636 shares during the period. Kestra Advisory Services LLC’s holdings in Vanguard Real Estate ETF were worth $31,182,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Evergreen Capital Management LLC bought a new position in shares of Vanguard Real Estate ETF during the 3rd quarter worth approximately $70,491,000. Capital Investment Advisors LLC acquired a new stake in Vanguard Real Estate ETF in the 3rd quarter valued at $69,576,000. Bank of New York Mellon Corp grew its position in Vanguard Real Estate ETF by 27.3% in the first 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 during the period. Commonwealth Equity Services LLC bought a new stake in Vanguard Real Estate ETF in the third quarter valued at $52,321,000. Finally, Citizens Financial Group Inc. RI acquired a new position in Vanguard Real Estate ETF during the third quarter worth $43,317,000. 60.03% of the stock is currently owned by institutional investors.
Vanguard Real Estate ETF Stock Down 0.5%
Vanguard Real Estate ETF stock traded down $0.50 during mid-day trading on Friday, hitting $95.73. 3,642,473 shares of the company were exchanged, compared to its average volume of 3,741,682. The company has a market capitalization of $38.34 billion, a PE ratio of 35.58 and a beta of 0.95. The business has a fifty day moving average of $92.92 and a 200 day moving average of $94.67. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $101.80.
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.
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