JPMorgan Chase & Co. increased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 53.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,398,358 shares of the exchange traded fund’s stock after buying an additional 3,627,626 shares during the quarter. JPMorgan Chase & Co. owned 2.67% of Vanguard Real Estate ETF worth $903,722,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. bought a new position in Vanguard Real Estate ETF in the 4th quarter worth approximately $383,723,000. Beacon Capital Management Inc. raised its position in Vanguard Real Estate ETF by 7,969.1% in the 1st quarter. Beacon Capital Management Inc. now owns 1,964,754 shares of the exchange traded fund’s stock worth $170,757,000 after purchasing an additional 1,940,405 shares during the last quarter. Hartz Capital Inc. bought a new position in Vanguard Real Estate ETF in the 1st quarter worth approximately $103,555,000. Acorns Advisers LLC bought a new position in Vanguard Real Estate ETF in the 4th quarter worth approximately $82,343,000. Finally, Ellis Investment Partners LLC raised its position in Vanguard Real Estate ETF by 8,591.5% in the 1st quarter. Ellis Investment Partners LLC now owns 987,093 shares of the exchange traded fund’s stock worth $987,000 after purchasing an additional 975,736 shares during the last quarter.
VNQ stock traded up $0.38 during trading on Friday, hitting $89.65. The company had a trading volume of 2,599,905 shares, compared to its average volume of 6,111,686. Vanguard Real Estate ETF has a 12 month low of $71.08 and a 12 month high of $90.12.
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.
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