First Foundation Advisors Raises Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

First Foundation Advisors raised its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 48,582 shares of the exchange traded fund’s stock after purchasing an additional 3,496 shares during the period. First Foundation Advisors’ holdings in Vanguard Real Estate ETF were worth $4,328,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in Vanguard Real Estate ETF in the 4th quarter worth approximately $124,165,000. Brooklyn FI LLC lifted its stake in shares of Vanguard Real Estate ETF by 6,345.2% during the 4th quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock valued at $123,579,000 after buying an additional 1,288,137 shares in the last quarter. FIDELIS iM LLC lifted its stake in shares of Vanguard Real Estate ETF by 879.7% during the 4th quarter. FIDELIS iM LLC now owns 801,855 shares of the exchange traded fund’s stock valued at $71,429,000 after buying an additional 720,010 shares in the last quarter. US Bancorp DE increased its holdings in Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after acquiring an additional 585,657 shares during the last quarter. Finally, Exchange Traded Concepts LLC increased its holdings in Vanguard Real Estate ETF by 685.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 445,162 shares of the exchange traded fund’s stock valued at $39,655,000 after acquiring an additional 388,506 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 1.1 %

Vanguard Real Estate ETF stock opened at $83.59 on Thursday. The company’s 50-day moving average price is $90.36 and its 200-day moving average price is $92.30. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.58. The company has a market cap of $91.11 billion, a PE ratio of 32.61 and a beta of 1.00.

Vanguard Real Estate ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued 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.