Worth Asset Management LLC Takes Position in Vanguard Real Estate ETF $VNQ

Worth Asset Management LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, Holdings Channel reports. The firm acquired 8,467 shares of the exchange traded fund’s stock, valued at approximately $751,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Real Estate ETF by 9.4% during 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 purchasing an additional 1,033,999 shares during the period. Wealthfront Advisers LLC raised its stake in Vanguard Real Estate ETF by 7.4% in the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after buying an additional 695,474 shares during the period. Morgan Stanley raised its stake in Vanguard Real Estate ETF by 1.1% in the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock valued at $875,194,000 after buying an additional 111,978 shares during the period. US Bancorp DE lifted its position in shares of Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock valued at $473,218,000 after buying an additional 124,389 shares during the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its position in shares of Vanguard Real Estate ETF by 1.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock valued at $298,277,000 after buying an additional 53,115 shares during the last quarter. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Trading Up 1.1%

Shares of NYSEARCA VNQ opened at $96.59 on Tuesday. The company has a market capitalization of $37.23 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15. The stock has a 50 day moving average of $95.92 and a 200-day moving average of $92.76.

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.