JDM Financial Group LLC Buys 7,803 Shares of Vanguard Real Estate ETF $VNQ

JDM Financial Group LLC lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.9% in the first quarter, Holdings Channel.com reports. The firm owned 140,723 shares of the exchange traded fund’s stock after buying an additional 7,803 shares during the period. Vanguard Real Estate ETF comprises about 2.6% of JDM Financial Group LLC’s holdings, making the stock its 11th biggest position. JDM Financial Group LLC’s holdings in Vanguard Real Estate ETF were worth $12,482,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of VNQ. Northwestern Mutual Wealth Management Co. increased its position 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 valued at $1,061,366,000 after acquiring an additional 1,033,999 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Real Estate ETF by 0.3% in the 1st quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock worth $893,225,000 after acquiring an additional 30,853 shares during the last quarter. Morgan Stanley boosted its stake in shares of Vanguard Real Estate ETF by 1.1% during the 4th quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after purchasing an additional 111,978 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Real Estate ETF by 27.3% during the 1st quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after purchasing an additional 736,312 shares during the period. Finally, Financial Engines Advisors L.L.C. boosted its stake in shares of Vanguard Real Estate ETF by 1.6% during the 4th quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock worth $298,277,000 after purchasing an additional 53,115 shares during the period. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 1.2%

Shares of NYSEARCA:VNQ opened at $99.49 on Friday. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $101.80. The company has a market capitalization of $39.42 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The firm’s 50-day moving average is $97.59 and its 200 day moving average is $94.61.

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.