Axxcess Wealth Management LLC Increases Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Axxcess Wealth Management LLC boosted its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,260 shares of the exchange traded fund’s stock after purchasing an additional 813 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,716,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empower Advisory Group LLC grew its holdings in shares of Vanguard Real Estate ETF by 3.2% during the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after buying an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Real Estate ETF by 2.7% during the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after buying an additional 263,065 shares during the last quarter. US Bancorp DE grew its holdings in shares of Vanguard Real Estate ETF by 11.5% during the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after buying an additional 585,657 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Real Estate ETF by 3.7% during the fourth quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock valued at $202,243,000 after buying an additional 79,954 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Vanguard Real Estate ETF during the third quarter valued at approximately $209,453,000.

Vanguard Real Estate ETF Stock Up 0.1 %

NYSEARCA:VNQ opened at $91.34 on Thursday. The company’s 50 day moving average price is $91.01 and its 200-day moving average price is $93.40. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58. The stock has a market cap of $99.56 billion, a price-to-earnings ratio of 33.73 and a beta of 1.08.

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.