Jacobs Equity LLC Invests $609,000 in Vanguard Real Estate ETF $VNQ

Jacobs Equity LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, Holdings Channel reports. The fund purchased 6,880 shares of the exchange traded fund’s stock, valued at approximately $609,000.

Other institutional investors have also recently modified their holdings of the company. Note Advisors LLC grew its holdings in Vanguard Real Estate ETF by 17.6% during the fourth quarter. Note Advisors LLC now owns 59,199 shares of the exchange traded fund’s stock worth $5,403,000 after acquiring an additional 8,852 shares during the period. First Commonwealth Financial Corp PA raised its position in Vanguard Real Estate ETF by 5.3% in the fourth quarter. First Commonwealth Financial Corp PA now owns 3,103 shares of the exchange traded fund’s stock worth $275,000 after acquiring an additional 155 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in Vanguard Real Estate ETF by 5.4% in the fourth quarter. Raymond James Financial Inc. now owns 1,478,811 shares of the exchange traded fund’s stock valued at $130,860,000 after acquiring an additional 75,265 shares during the period. Andrews Advisory Associates LLC purchased a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $2,469,000. Finally, Onyx Bridge Wealth Group LLC boosted its position in shares of Vanguard Real Estate ETF by 14.3% during the 4th quarter. Onyx Bridge Wealth Group LLC now owns 2,629 shares of the exchange traded fund’s stock worth $233,000 after purchasing an additional 328 shares in the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.1%

NYSEARCA:VNQ opened at $95.56 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $99.15. The stock has a market cap of $36.84 billion, a PE ratio of 35.58 and a beta of 0.98. The firm’s fifty day simple moving average is $95.77 and its 200-day simple moving average is $92.67.

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.