Kagan Cocozza Asset Management Buys 5,831 Shares of Vanguard Real Estate ETF $VNQ

Kagan Cocozza Asset Management grew its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 12.2% in the 1st quarter, HoldingsChannel reports. The firm owned 53,438 shares of the exchange traded fund’s stock after acquiring an additional 5,831 shares during the quarter. Vanguard Real Estate ETF makes up about 3.3% of Kagan Cocozza Asset Management’s portfolio, making the stock its 9th biggest position. Kagan Cocozza Asset Management’s holdings in Vanguard Real Estate ETF were worth $4,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VNQ. Brighton Jones LLC raised its holdings in Vanguard Real Estate ETF by 59.4% during the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after buying an additional 11,469 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Vanguard Real Estate ETF by 267.6% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after buying an additional 5,532 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Vanguard Real Estate ETF by 17.5% in the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock worth $780,000 after buying an additional 1,284 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock worth $431,000 after buying an additional 2,222 shares during the period. Finally, State Street Corp increased its position in shares of Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after acquiring an additional 1,402,196 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $96.43 on Wednesday. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $99.15. The firm’s 50 day simple moving average is $96.29 and its 200-day simple moving average is $93.10. The company has a market cap of $37.17 billion, a P/E ratio of 35.58 and a beta of 0.98.

About Vanguard Real Estate ETF

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.