Kagan Cocozza Asset Management Has $4.74 Million Stock Holdings in Vanguard Real Estate ETF $VNQ

Kagan Cocozza Asset Management grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 53,438 shares of the exchange traded fund’s stock after purchasing an additional 5,831 shares during the quarter. Vanguard Real Estate ETF accounts for 3.3% of Kagan Cocozza Asset Management’s portfolio, making the stock its 9th largest position. Kagan Cocozza Asset Management’s holdings in Vanguard Real Estate ETF were worth $4,740,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its position in Vanguard Real Estate ETF by 9.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after acquiring an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC boosted its position in shares of Vanguard Real Estate ETF by 7.4% during the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after purchasing an additional 695,474 shares in the last quarter. Morgan Stanley boosted its position in shares of Vanguard Real Estate ETF by 1.1% during the 4th quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock valued at $875,194,000 after purchasing an additional 111,978 shares in the last quarter. Financial Engines Advisors L.L.C. grew its stake in shares of Vanguard Real Estate ETF by 1.6% in the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock worth $298,277,000 after purchasing an additional 53,115 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Vanguard Real Estate ETF by 0.6% in the 4th quarter. Bank of New York Mellon Corp now owns 2,695,086 shares of the exchange traded fund’s stock worth $238,488,000 after purchasing an additional 14,957 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $96.43 on Wednesday. The company’s 50 day simple moving average is $96.29 and its 200 day simple moving average is $93.10. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15. The company has a market capitalization of $37.17 billion, a P/E ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF 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.