Bear Mountain Capital Inc. Makes New $8.86 Million Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Bear Mountain Capital Inc. acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 102,519 shares of the exchange traded fund’s stock, valued at approximately $8,861,000. Vanguard Real Estate ETF makes up 3.7% of Bear Mountain Capital Inc.’s investment portfolio, making the stock its 10th largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Moneta Group Investment Advisors LLC grew its stake in shares of Vanguard Real Estate ETF by 115,289.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,063,365,980 shares of the exchange traded fund’s stock valued at $87,706,426,000 after acquiring an additional 1,062,444,438 shares during the period. Morgan Stanley grew its stake in Vanguard Real Estate ETF by 1.2% during the fourth quarter. Morgan Stanley now owns 16,464,307 shares of the exchange traded fund’s stock valued at $1,357,976,000 after acquiring an additional 194,301 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Vanguard Real Estate ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock worth $804,308,000 after purchasing an additional 1,955,619 shares in the last quarter. Empower Advisory Group LLC increased its holdings in shares of Vanguard Real Estate ETF by 5.8% in the third quarter. Empower Advisory Group LLC now owns 10,254,994 shares of the exchange traded fund’s stock worth $775,893,000 after purchasing an additional 566,346 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in Vanguard Real Estate ETF by 3.6% during the 3rd quarter. Wealthfront Advisers LLC now owns 7,449,131 shares of the exchange traded fund’s stock valued at $563,601,000 after buying an additional 257,323 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ traded down $0.98 during mid-day trading on Friday, hitting $81.71. 5,451,241 shares of the stock were exchanged, compared to its average volume of 4,883,135. The firm has a 50-day moving average of $84.89 and a two-hundred day moving average of $82.40. Vanguard Real Estate ETF has a 52-week low of $70.61 and a 52-week high of $90.09. The company has a market cap of $31.50 billion, a PE ratio of 28.40 and a beta of 0.91.

Vanguard Real Estate ETF Company 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.