Abound Wealth Management Purchases 1,720 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Abound Wealth Management lifted its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.1% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 43,474 shares of the exchange traded fund’s stock after acquiring an additional 1,720 shares during the period. Vanguard Real Estate ETF makes up approximately 1.2% of Abound Wealth Management’s investment portfolio, making the stock its 14th largest holding. Abound Wealth Management’s holdings in Vanguard Real Estate ETF were worth $3,873,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Empower Advisory Group LLC grew its stake in shares of Vanguard Real Estate ETF by 1.1% during the 3rd quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock worth $1,112,857,000 after purchasing an additional 125,586 shares during the period. JPMorgan Chase & Co. raised its stake in Vanguard Real Estate ETF by 2.7% in 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 purchasing an additional 263,065 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Real Estate ETF by 7.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after buying an additional 523,467 shares in the last quarter. US Bancorp DE increased its stake in Vanguard Real Estate ETF by 2.5% during the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock worth $494,836,000 after purchasing an additional 123,161 shares during the period. Finally, State of New Jersey Common Pension Fund D raised its stake in Vanguard Real Estate ETF by 465.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after buying an additional 3,774,000 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock traded up $0.87 during mid-day trading on Monday, hitting $86.42. The stock had a trading volume of 3,140,274 shares, compared to its average volume of 5,276,426. The firm has a market cap of $34.01 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $78.27 and a fifty-two week high of $99.58. The company’s 50-day simple moving average is $92.89 and its 200-day simple moving average is $92.80.

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.