Define Financial LLC Boosts Stake in Vanguard Real Estate ETF $VNQ

Define Financial LLC increased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 204,498 shares of the exchange traded fund’s stock after purchasing an additional 15,892 shares during the period. Vanguard Real Estate ETF makes up approximately 10.3% of Define Financial LLC’s investment portfolio, making the stock its 6th largest holding. Define Financial LLC owned about 0.05% of Vanguard Real Estate ETF worth $18,096,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VNQ. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard Real Estate ETF by 8.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,960,194 shares of the exchange traded fund’s stock worth $1,001,981,000 after buying an additional 847,016 shares during the last quarter. Wealthfront Advisers LLC increased its stake in shares of Vanguard Real Estate ETF by 6.4% in the 3rd quarter. Wealthfront Advisers LLC now owns 9,343,853 shares of the exchange traded fund’s stock valued at $854,215,000 after acquiring an additional 565,655 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Vanguard Real Estate ETF by 6.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 8,535,135 shares of the exchange traded fund’s stock valued at $780,282,000 after acquiring an additional 498,006 shares during the last quarter. Gallagher Fiduciary Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 8,739.3% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock valued at $509,221,000 after acquiring an additional 5,653,040 shares during the period. Finally, US Bancorp DE raised its position in shares of Vanguard Real Estate ETF by 2.5% in the 3rd quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock valued at $473,218,000 after acquiring an additional 124,389 shares during the period. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $87.84 on Thursday. The company’s 50 day simple moving average is $92.51 and its 200 day simple moving average is $90.98. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $96.23. The firm has a market capitalization of $33.64 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.