JPMorgan Chase & Co. Trims Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

JPMorgan Chase & Co. trimmed its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.8% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 9,596,796 shares of the exchange traded fund’s stock after selling 382,220 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard Real Estate ETF were worth $854,883,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Van ECK Associates Corp purchased a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth $10,542,000. Proficio Capital Partners LLC purchased a new position in Vanguard Real Estate ETF during the fourth quarter worth about $1,349,000. Thompson Siegel & Walmsley LLC boosted its stake in Vanguard Real Estate ETF by 22.4% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 16,044 shares of the exchange traded fund’s stock worth $1,429,000 after buying an additional 2,936 shares during the period. Avantax Advisory Services Inc. increased its position in shares of Vanguard Real Estate ETF by 2.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 834,703 shares of the exchange traded fund’s stock valued at $74,355,000 after acquiring an additional 17,599 shares during the last quarter. Finally, Platform Technology Partners raised its stake in shares of Vanguard Real Estate ETF by 17.7% in the 4th quarter. Platform Technology Partners now owns 4,508 shares of the exchange traded fund’s stock valued at $402,000 after acquiring an additional 678 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $89.71 on Friday. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The firm’s 50 day moving average price is $91.37 and its 200-day moving average price is $93.18. The firm has a market cap of $97.78 billion, a P/E ratio of 33.73 and a beta of 1.08.

Vanguard Real Estate ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.9319 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

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.