JPMorgan Chase & Co. Lowers Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

JPMorgan Chase & Co. decreased its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,596,796 shares of the exchange traded fund’s stock after selling 382,220 shares during the period. JPMorgan Chase & Co. owned about 2.44% of Vanguard Real Estate ETF worth $854,883,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter valued at approximately $26,000. Godsey & Gibb Inc. acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $26,000. Decker Retirement Planning Inc. purchased a new position in Vanguard Real Estate ETF during the fourth quarter valued at $26,000. CKW Financial Group acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $27,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $37,000.

Vanguard Real Estate ETF Stock Down 0.1 %

VNQ opened at $89.71 on Friday. The company has a market cap of $97.78 billion, a PE ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The company has a 50-day moving average price of $91.37 and a 200 day moving average price of $93.18.

Vanguard Real Estate ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date was Tuesday, March 25th.

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.