Independent Wealth Network Inc. Boosts Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Independent Wealth Network Inc. increased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,328 shares of the exchange traded fund’s stock after buying an additional 598 shares during the period. Independent Wealth Network Inc.’s holdings in Vanguard Real Estate ETF were worth $920,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Empower Advisory Group LLC increased its stake in Vanguard Real Estate ETF by 1.1% in the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock valued at $1,112,857,000 after purchasing an additional 125,586 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Vanguard Real Estate ETF by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after acquiring an additional 263,065 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Real Estate ETF by 7.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock valued at $669,716,000 after acquiring an additional 523,467 shares in the last quarter. US Bancorp DE grew its holdings in shares of 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 last quarter. Finally, State of New Jersey Common Pension Fund D increased its position in shares of Vanguard Real Estate ETF by 465.1% during the third 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 purchasing an additional 3,774,000 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $89.74 on Thursday. The stock has a 50-day simple moving average of $92.08 and a 200-day simple moving average of $93.07. The company has a market capitalization of $35.32 billion, a P/E 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.

About Vanguard Real Estate ETF

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.