Bank of New York Mellon Corp Boosts Holdings in Vanguard Real Estate ETF $VNQ

Bank of New York Mellon Corp raised its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.3% during the first quarter, HoldingsChannel.com reports. The firm owned 3,431,398 shares of the exchange traded fund’s stock after purchasing an additional 736,312 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Real Estate ETF were worth $304,365,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in VNQ. State Street Corp grew its stake in Vanguard Real Estate ETF by 735.3% in the 2nd 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. Corient Private Wealth LLC raised its stake in Vanguard Real Estate ETF by 97.2% in the second quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock worth $197,740,000 after buying an additional 1,094,540 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Real Estate ETF by 9.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after buying an additional 1,033,999 shares during the period. Wealthfront Advisers LLC lifted its holdings in Vanguard Real Estate ETF by 7.4% during the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after buying an additional 695,474 shares during the period. Finally, Caisse de depot et placement du Quebec boosted its position in Vanguard Real Estate ETF by 79.8% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,223,000 shares of the exchange traded fund’s stock valued at $111,807,000 after acquiring an additional 542,700 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

VNQ opened at $100.02 on Friday. The business’s 50-day moving average is $96.85 and its two-hundred day moving average is $93.88. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $101.08. The firm has a market capitalization of $39.63 billion, a PE ratio of 35.58 and a beta of 0.98.

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.