Raymond James Financial Inc. Invests $124.17 Million in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Raymond James Financial Inc. acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,393,858 shares of the exchange traded fund’s stock, valued at approximately $124,165,000.

Several other hedge funds have also made changes to their positions in the business. Cullen Frost Bankers Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 81.2% during the fourth quarter. Cullen Frost Bankers Inc. now owns 982 shares of the exchange traded fund’s stock worth $87,000 after purchasing an additional 440 shares during the last quarter. Verdence Capital Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 7.3% during the fourth quarter. Verdence Capital Advisors LLC now owns 42,587 shares of the exchange traded fund’s stock worth $3,794,000 after purchasing an additional 2,901 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at $1,349,000. Smithfield Trust Co boosted its holdings in Vanguard Real Estate ETF by 9.6% in the fourth quarter. Smithfield Trust Co now owns 21,489 shares of the exchange traded fund’s stock valued at $1,909,000 after acquiring an additional 1,887 shares during the last quarter. Finally, J.Safra Asset Management Corp acquired a new position in Vanguard Real Estate ETF in the fourth quarter valued at $230,000.

Vanguard Real Estate ETF Trading Up 0.6 %

Shares of Vanguard Real Estate ETF stock opened at $92.42 on Friday. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The stock has a market capitalization of $100.74 billion, a P/E ratio of 34.84 and a beta of 1.07. The business’s fifty day moving average price is $90.66 and its 200 day moving average price is $93.60.

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.