Diversify Wealth Management LLC Grows Stake in Vanguard Real Estate ETF $VNQ

Diversify Wealth Management LLC boosted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 70.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 27,741 shares of the exchange traded fund’s stock after purchasing an additional 11,458 shares during the quarter. Diversify Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $2,633,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 valued at $1,061,366,000 after buying an additional 1,033,999 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of 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 worth $888,380,000 after buying 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 fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after acquiring an additional 111,978 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its position in shares of Vanguard Real Estate ETF by 1.6% during the fourth 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 acquiring an additional 53,115 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Vanguard Real Estate ETF by 0.6% during the fourth quarter. Bank of New York Mellon Corp now owns 2,695,086 shares of the exchange traded fund’s stock valued at $238,488,000 after acquiring an additional 14,957 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $97.83 on Tuesday. The company has a market cap of $38.76 billion, a P/E ratio of 35.58 and a beta of 0.98. The firm’s fifty day moving average is $96.65 and its two-hundred day moving average is $93.63. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $99.15.

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.