AdvisorNet Financial Inc Raises Position in Vanguard Real Estate ETF $VNQ

AdvisorNet Financial Inc raised its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 735.0% during the 1st quarter, HoldingsChannel.com reports. The firm owned 20,374 shares of the exchange traded fund’s stock after acquiring an additional 17,934 shares during the quarter. AdvisorNet Financial Inc’s holdings in Vanguard Real Estate ETF were worth $1,807,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VNQ. Northwestern Mutual Wealth Management Co. boosted 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 raised its position in Vanguard Real Estate ETF by 7.4% in the 4th 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 during the last quarter. Morgan Stanley lifted its stake in Vanguard Real Estate ETF by 1.1% during the 4th quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock valued at $875,194,000 after acquiring an additional 111,978 shares during the period. US Bancorp DE boosted its holdings in shares of Vanguard Real Estate ETF by 2.5% during 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 last quarter. Finally, Financial Engines Advisors L.L.C. grew its stake 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 worth $298,277,000 after acquiring an additional 53,115 shares during the period. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 1.3%

NYSEARCA:VNQ opened at $97.86 on Wednesday. The company has a market cap of $37.72 billion, a PE ratio of 35.58 and a beta of 0.98. The company has a 50 day simple moving average of $96.01 and a two-hundred day simple moving average of $92.81. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15.

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.