Mission Wealth Management LP Has $7.64 Million Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Mission Wealth Management LP cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,712 shares of the exchange traded fund’s stock after selling 3,586 shares during the period. Mission Wealth Management LP’s holdings in Vanguard Real Estate ETF were worth $7,635,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Empower Advisory Group LLC raised its stake in 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 worth $1,050,591,000 after acquiring an additional 370,503 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Real Estate ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after purchasing an additional 263,065 shares during the last quarter. US Bancorp DE increased its position in shares of Vanguard Real Estate ETF by 11.5% during the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after purchasing an additional 585,657 shares in the last quarter. State of New Jersey Common Pension Fund D lifted its holdings in Vanguard Real Estate ETF by 465.1% during 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 last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in Vanguard Real Estate ETF by 3.7% during the 4th 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 purchasing an additional 79,954 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.8 %

Shares of Vanguard Real Estate ETF stock opened at $93.90 on Monday. The stock has a market capitalization of $102.35 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. The firm’s 50-day moving average price is $90.26 and its two-hundred day moving average price is $93.56. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

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.