Northwestern Mutual Wealth Management Co. Boosts Stock Position in Vanguard Real Estate ETF $VNQ

Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,994,193 shares of the exchange traded fund’s stock after acquiring an additional 1,033,999 shares during the quarter. Vanguard Real Estate ETF accounts for 0.7% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 23rd biggest holding. Northwestern Mutual Wealth Management Co. owned about 3.13% of Vanguard Real Estate ETF worth $1,061,366,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VNQ. IMG Wealth Management Inc. bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at about $26,000. Evermay Wealth Management LLC lifted its holdings in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 113 shares in the last quarter. Laurel Wealth Advisors LLC bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at about $34,000. Pittenger & Anderson Inc. bought a new stake in Vanguard Real Estate ETF during the 4th quarter valued at about $36,000. Finally, Palisade Asset Management LLC bought a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at about $36,000. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $96.55 on Friday. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $97.71. The company has a 50-day moving average of $93.63 and a 200 day moving average of $91.99. The firm has a market capitalization of $37.22 billion, a price-to-earnings ratio of 35.58 and a beta of 1.00.

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.