Freedom Investment Management Inc. Cuts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Freedom Investment Management Inc. decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 40,305 shares of the exchange traded fund’s stock after selling 2,140 shares during the period. Freedom Investment Management Inc.’s holdings in Vanguard Real Estate ETF were worth $3,926,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in VNQ. State of New Jersey Common Pension Fund D boosted its holdings in 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 in the last quarter. International Assets Investment Management LLC lifted 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 buying an additional 3,554,112 shares during the period. Cetera Investment Advisers boosted its stake in shares of Vanguard Real Estate ETF by 376.1% in the first quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock valued at $118,275,000 after buying an additional 1,080,371 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Vanguard Real Estate ETF by 834.9% during the third quarter. Victory Capital Management Inc. now owns 925,603 shares of the exchange traded fund’s stock worth $90,172,000 after acquiring an additional 826,601 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in Vanguard Real Estate ETF by 7.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after acquiring an additional 523,467 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $97.97 on Wednesday. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The firm has a market capitalization of $38.56 billion, a P/E ratio of 22.09 and a beta of 1.03. The company’s fifty day moving average is $95.83 and its two-hundred day moving average is $90.86.

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.