Vanguard Real Estate ETF (NYSEARCA:VNQ) Position Increased by Peapack Gladstone Financial Corp

Peapack Gladstone Financial Corp raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 409,583 shares of the exchange traded fund’s stock after buying an additional 24,580 shares during the period. Peapack Gladstone Financial Corp’s holdings in Vanguard Real Estate ETF were worth $39,902,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Empower Advisory Group LLC lifted its stake in Vanguard Real Estate ETF by 1.1% during the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock valued at $1,112,857,000 after buying an additional 125,586 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Real Estate ETF by 7.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock valued at $669,716,000 after purchasing an additional 523,467 shares during the period. US Bancorp DE increased its holdings in shares of Vanguard Real Estate ETF by 2.5% in the 3rd quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after purchasing an additional 123,161 shares during the period. State of New Jersey Common Pension Fund D increased its holdings in shares of Vanguard Real Estate ETF by 465.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after purchasing an additional 3,774,000 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of Vanguard Real Estate ETF by 17,050.2% in the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock valued at $348,272,000 after purchasing an additional 3,554,112 shares during the period.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $94.12 on Friday. The company has a market capitalization of $37.04 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The business’s 50-day moving average is $95.52 and its 200-day moving average is $91.80.

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.