Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Bought by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 168.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 524,956 shares of the exchange traded fund’s stock after purchasing an additional 329,494 shares during the period. Vanguard Real Estate ETF accounts for approximately 0.9% of Sumitomo Life Insurance Co.’s holdings, making the stock its 12th biggest holding. Sumitomo Life Insurance Co.’s holdings in Vanguard Real Estate ETF were worth $46,763,000 at the end of the most recent reporting period.

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

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA:VNQ opened at $90.81 on Wednesday. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The company’s fifty day moving average is $91.81 and its two-hundred day moving average is $93.24. The stock has a market capitalization of $35.74 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.