Sovereign Financial Group Inc. Grows Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Sovereign Financial Group Inc. increased its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 6,497 shares of the exchange traded fund’s stock after buying an additional 275 shares during the quarter. Sovereign Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $579,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. State of New Jersey Common Pension Fund D boosted its holdings in Vanguard Real Estate ETF by 465.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock worth $446,718,000 after acquiring an additional 3,774,000 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Vanguard Real Estate ETF by 17,050.2% in the third quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock valued at $348,272,000 after purchasing an additional 3,554,112 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter valued at $209,453,000. Victory Capital Management Inc. increased its stake in Vanguard Real Estate ETF by 834.9% during the 3rd quarter. Victory Capital Management Inc. now owns 925,603 shares of the exchange traded fund’s stock worth $90,172,000 after buying an additional 826,601 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Real Estate ETF by 7.0% in the 2nd 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.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $87.39 on Wednesday. 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 cap of $34.40 billion, a P/E ratio of 22.09 and a beta of 1.03. The firm has a 50-day moving average of $92.58 and a two-hundred day moving average of $92.84.

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.