Straight Path Wealth Management Makes New Investment in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Straight Path Wealth Management acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,332 shares of the exchange traded fund’s stock, valued at approximately $325,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Empower Advisory Group LLC lifted its stake in shares of Vanguard Real Estate ETF by 1.1% during the third 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 in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Real Estate ETF by 7.0% during 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 acquiring an additional 523,467 shares in the last quarter. US Bancorp DE lifted its position in Vanguard Real Estate ETF by 2.5% during the 3rd quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock worth $494,836,000 after acquiring an additional 123,161 shares in the last quarter. State of New Jersey Common Pension Fund D grew its position 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 acquiring an additional 3,774,000 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in shares of Vanguard Real Estate ETF by 17,050.2% during 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.

Vanguard Real Estate ETF Stock Up 0.1 %

Shares of Vanguard Real Estate ETF stock traded up $0.05 during trading hours on Friday, hitting $93.80. 2,786,607 shares of the company’s stock traded hands, compared to its average volume of 4,122,278. Vanguard Real Estate ETF has a twelve month low of $78.27 and a twelve month high of $99.58. The company has a market cap of $36.92 billion, a PE ratio of 22.09 and a beta of 1.03. The stock has a 50 day simple moving average of $96.08 and a 200-day simple moving average of $90.02.

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.