Bank of New York Mellon Corp Buys 736,312 Shares of Vanguard Real Estate ETF $VNQ

Bank of New York Mellon Corp lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.3% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 3,431,398 shares of the exchange traded fund’s stock after purchasing an additional 736,312 shares during the period. Bank of New York Mellon Corp owned about 0.89% of Vanguard Real Estate ETF worth $304,365,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VNQ. Efficient Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 2.9% in the 4th quarter. Efficient Advisors LLC now owns 606,676 shares of the exchange traded fund’s stock worth $53,685,000 after purchasing an additional 17,250 shares during the last quarter. Everhart Financial Group Inc. grew its position in Vanguard Real Estate ETF by 14.0% during the 4th quarter. Everhart Financial Group Inc. now owns 60,166 shares of the exchange traded fund’s stock valued at $5,324,000 after purchasing an additional 7,398 shares during the last quarter. Finhabits Advisors LLC purchased a new stake in Vanguard Real Estate ETF during the 4th quarter valued at about $3,406,000. Cambridge Advisors Inc. increased its stake in Vanguard Real Estate ETF by 10.7% during the 4th quarter. Cambridge Advisors Inc. now owns 84,718 shares of the exchange traded fund’s stock valued at $7,497,000 after purchasing an additional 8,213 shares in the last quarter. Finally, Assetmark Inc. increased its stake in Vanguard Real Estate ETF by 3.1% during the 4th quarter. Assetmark Inc. now owns 861,933 shares of the exchange traded fund’s stock valued at $76,272,000 after purchasing an additional 26,059 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 0.0%

VNQ stock opened at $100.02 on Friday. The stock has a market capitalization of $39.63 billion, a PE 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 $101.08. The stock’s 50 day simple moving average is $96.85 and its 200 day simple moving average is $93.88.

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.