California Public Employees Retirement System purchased a new stake in shares of Vanguard REIT ETF (NYSEARCA:VNQ) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 63,299 shares of the exchange traded fund’s stock, valued at approximately $5,260,000.

A number of other large investors also recently added to or reduced their stakes in VNQ. Valeo Financial Advisors LLC bought a new stake in Vanguard REIT ETF during the third quarter valued at about $104,000. Sei Investments Co. grew its holdings in Vanguard REIT ETF by 155.2% during the second quarter. Sei Investments Co. now owns 1,544 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 939 shares during the period. Liberty Capital Management Inc. bought a new stake in Vanguard REIT ETF during the third quarter valued at about $148,000. Spectrum Management Group Inc. bought a new stake in Vanguard REIT ETF during the third quarter valued at about $168,000. Finally, People s United Financial Inc. grew its holdings in Vanguard REIT ETF by 16.5% during the second quarter. People s United Financial Inc. now owns 2,290 shares of the exchange traded fund’s stock valued at $191,000 after purchasing an additional 325 shares during the period.

Vanguard REIT ETF (NYSEARCA:VNQ) opened at $81.05 on Monday. The firm has a market capitalization of $33,940.00 and a PE ratio of 3.72. Vanguard REIT ETF has a one year low of $79.98 and a one year high of $86.16.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 27th. Stockholders of record on Friday, December 22nd were paid a $1.2636 dividend. This is a positive change from Vanguard REIT ETF’s previous quarterly dividend of $0.85. The ex-dividend date was Thursday, December 21st. This represents a $5.05 dividend on an annualized basis and a dividend yield of 6.24%. Vanguard REIT ETF’s dividend payout ratio is 16.12%.

TRADEMARK VIOLATION WARNING: “California Public Employees Retirement System Invests $5.26 Million in Vanguard REIT ETF (VNQ) Stock” was originally reported by Watch List News and is the property of of Watch List News. If you are reading this news story on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright legislation. The original version of this news story can be read at https://www.watchlistnews.com/california-public-employees-retirement-system-invests-5-26-million-in-vanguard-reit-etf-vnq-stock/1798408.html.

About Vanguard REIT ETF

Want to see what other hedge funds are holding VNQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard REIT ETF (NYSEARCA:VNQ).

Institutional Ownership by Quarter for Vanguard REIT ETF (NYSEARCA:VNQ)

Receive News & Ratings for Vanguard REIT ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard REIT ETF and related companies with Analyst Ratings Network's FREE daily email newsletter.