JMG Financial Group Ltd. Grows Stock Position in Vanguard Real Estate ETF $VNQ

JMG Financial Group Ltd. increased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 255,079 shares of the exchange traded fund’s stock after purchasing an additional 7,596 shares during the quarter. Vanguard Real Estate ETF accounts for 0.6% of JMG Financial Group Ltd.’s holdings, making the stock its 19th largest holding. JMG Financial Group Ltd.’s holdings in Vanguard Real Estate ETF were worth $22,625,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Real Estate ETF by 9.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock valued at $1,061,366,000 after buying an additional 1,033,999 shares during the period. Wealthfront Advisers LLC grew its position in shares of Vanguard Real Estate ETF by 0.3% during the first quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock worth $893,225,000 after buying an additional 30,853 shares in the last quarter. Morgan Stanley increased its stake in shares of Vanguard Real Estate ETF by 1.1% during the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after buying an additional 111,978 shares during the period. Bank of New York Mellon Corp increased its stake in shares of Vanguard Real Estate ETF by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after buying an additional 736,312 shares during the period. Finally, Financial Engines Advisors L.L.C. raised its holdings in Vanguard Real Estate ETF by 1.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock valued at $298,277,000 after acquiring an additional 53,115 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.5%

Shares of VNQ opened at $99.48 on Tuesday. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $101.08. The firm’s fifty day simple moving average is $96.90 and its 200-day simple moving average is $93.99. The firm has a market capitalization of $39.42 billion, a price-to-earnings 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.