Next Capital Management LLC Has $397,000 Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Next Capital Management LLC lowered its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 68.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,460 shares of the exchange traded fund’s stock after selling 9,764 shares during the period. Next Capital Management LLC’s holdings in Vanguard Real Estate ETF were worth $397,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VNQ. Empower Advisory Group LLC boosted its position 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 valued at $1,050,591,000 after purchasing an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after buying an additional 263,065 shares during the last quarter. US Bancorp DE grew its stake in shares of Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after buying an additional 585,657 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Vanguard Real Estate ETF by 3.7% in the fourth quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock worth $202,243,000 after buying an additional 79,954 shares during the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Vanguard Real Estate ETF during the third quarter valued at approximately $209,453,000.

Vanguard Real Estate ETF Stock Down 0.5 %

NYSEARCA VNQ opened at $91.23 on Wednesday. The stock has a market capitalization of $99.44 billion, a PE ratio of 33.73 and a beta of 1.08. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The company has a 50 day moving average price of $90.94 and a two-hundred day moving average price of $93.42.

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.