Bank of New York Mellon Corp Purchases 79,954 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Bank of New York Mellon Corp increased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.7% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,270,349 shares of the exchange traded fund’s stock after acquiring an additional 79,954 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Real Estate ETF were worth $202,243,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNQ. Empower Advisory Group LLC raised its position in shares of Vanguard Real Estate ETF by 3.2% during the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after purchasing an additional 370,503 shares during the period. JPMorgan Chase & Co. increased its stake in Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after purchasing an additional 263,065 shares in the last quarter. US Bancorp DE raised its holdings 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 buying an additional 123,161 shares during the period. State of New Jersey Common Pension Fund D lifted its stake 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 buying an additional 3,774,000 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of Vanguard Real Estate ETF in the third quarter valued at approximately $209,453,000.

Vanguard Real Estate ETF Stock Up 0.4 %

Shares of NYSEARCA:VNQ opened at $93.11 on Friday. The firm has a market cap of $101.49 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The company’s fifty day simple moving average is $90.17 and its 200 day simple moving average is $93.51.

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.