Johnson Financial Group LLC Grows Stake in Vanguard Real Estate ETF $VNQ

Johnson Financial Group LLC raised its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 58.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 211,364 shares of the exchange traded fund’s stock after acquiring an additional 78,189 shares during the quarter. Vanguard Real Estate ETF accounts for approximately 1.2% of Johnson Financial Group LLC’s investment portfolio, making the stock its 8th biggest position. Johnson Financial Group LLC’s holdings in Vanguard Real Estate ETF were worth $18,704,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. IMG Wealth Management Inc. purchased a new position in Vanguard Real Estate ETF in the 4th quarter worth about $26,000. Evermay Wealth Management LLC grew its stake in shares of Vanguard Real Estate ETF by 46.5% in the fourth quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the period. Laurel Wealth Advisors LLC bought a new stake in shares of Vanguard Real Estate ETF in the fourth quarter worth approximately $34,000. Pittenger & Anderson Inc. bought a new position in Vanguard Real Estate ETF during the fourth quarter valued at approximately $36,000. Finally, Palisade Asset Management LLC bought a new position in Vanguard Real Estate ETF during the third quarter valued at approximately $36,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.1%

NYSEARCA:VNQ opened at $94.41 on Thursday. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $97.71. The company has a market cap of $36.39 billion, a PE ratio of 35.58 and a beta of 0.98. The company has a 50 day simple moving average of $93.97 and a two-hundred day simple moving average of $92.12.

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.