Vanguard Real Estate ETF (NYSEARCA:VNQ) Shares Bought by Employees Retirement System of Texas

Employees Retirement System of Texas increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 58.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,404 shares of the exchange traded fund’s stock after buying an additional 56,800 shares during the quarter. Employees Retirement System of Texas’ holdings in Vanguard Real Estate ETF were worth $13,665,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of VNQ. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $26,000. Decker Retirement Planning Inc. bought a new position in Vanguard Real Estate ETF during the fourth quarter valued at about $26,000. Howard Capital Management Group LLC acquired a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. CKW Financial Group bought a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth $27,000. Finally, Nemes Rush Group LLC bought a new stake in Vanguard Real Estate ETF during the fourth quarter valued at about $27,000.

Vanguard Real Estate ETF Trading Down 4.3 %

VNQ opened at $84.20 on Monday. The business has a 50 day moving average of $91.22 and a 200-day moving average of $92.79. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The stock has a market capitalization of $91.78 billion, a price-to-earnings ratio of 32.61 and a beta of 1.00.

Vanguard Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date was Tuesday, March 25th.

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.