Institute for Wealth Management LLC. Increases Stock Position in Vanguard Real Estate ETF $VNQ

Institute for Wealth Management LLC. grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 65.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,792 shares of the exchange traded fund’s stock after purchasing an additional 6,242 shares during the period. Institute for Wealth Management LLC.’s holdings in Vanguard Real Estate ETF were worth $1,444,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in VNQ. Empower Advisory Group LLC boosted its stake in Vanguard Real Estate ETF by 4.2% during the second quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock valued at $1,285,684,000 after buying an additional 577,515 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Real Estate ETF by 6.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,113,178 shares of the exchange traded fund’s stock worth $900,680,000 after acquiring an additional 570,141 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock valued at $781,786,000 after acquiring an additional 216,763 shares during the last quarter. Gallagher Fiduciary Advisors LLC grew its holdings in shares of Vanguard Real Estate ETF by 8,739.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock valued at $509,221,000 after purchasing an additional 5,653,040 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Vanguard Real Estate ETF by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock worth $425,194,000 after purchasing an additional 1,178,304 shares during the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Up 0.1%

Vanguard Real Estate ETF stock opened at $88.86 on Monday. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $94.95. The firm’s fifty day moving average is $89.83 and its 200 day moving average is $90.28. The company has a market cap of $33.52 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.