Wealthfront Advisers LLC Has $893.23 Million Stake in Vanguard Real Estate ETF $VNQ

Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 10,070,180 shares of the exchange traded fund’s stock after buying an additional 30,853 shares during the period. Vanguard Real Estate ETF makes up about 2.0% of Wealthfront Advisers LLC’s holdings, making the stock its 13th largest holding. Wealthfront Advisers LLC’s holdings in Vanguard Real Estate ETF were worth $893,225,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of VNQ. Efficient Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 2.9% in the 4th quarter. Efficient Advisors LLC now owns 606,676 shares of the exchange traded fund’s stock valued at $53,685,000 after purchasing an additional 17,250 shares during the period. Everhart Financial Group Inc. lifted its position in shares of Vanguard Real Estate ETF by 14.0% in the fourth quarter. Everhart Financial Group Inc. now owns 60,166 shares of the exchange traded fund’s stock valued at $5,324,000 after buying an additional 7,398 shares during the last quarter. Cambridge Advisors Inc. boosted its stake in shares of Vanguard Real Estate ETF by 10.7% during the 4th quarter. Cambridge Advisors Inc. now owns 84,718 shares of the exchange traded fund’s stock worth $7,497,000 after acquiring an additional 8,213 shares during the period. Finhabits Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $3,406,000. Finally, Assetmark Inc. increased its holdings in shares of Vanguard Real Estate ETF by 3.1% during the 4th quarter. Assetmark Inc. now owns 861,933 shares of the exchange traded fund’s stock worth $76,272,000 after acquiring an additional 26,059 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.3%

VNQ opened at $97.86 on Thursday. The stock’s fifty day simple moving average is $96.70 and its 200 day simple moving average is $93.76. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $99.15. The stock has a market cap of $38.78 billion, a PE ratio of 35.58 and a beta of 0.98.

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.