Manhattan West Asset Management LLC Has $2.64 Million Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Manhattan West Asset Management LLC raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 29,648 shares of the exchange traded fund’s stock after buying an additional 1,385 shares during the quarter. Manhattan West Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $2,641,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in VNQ. Empower Advisory Group LLC boosted its stake in 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 acquiring an additional 370,503 shares in the last quarter. JPMorgan Chase & Co. boosted 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 valued at $972,156,000 after purchasing an additional 263,065 shares during the last quarter. US Bancorp DE boosted its position in shares of Vanguard Real Estate ETF by 11.5% during the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after buying an additional 585,657 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Vanguard Real Estate ETF by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock worth $414,622,000 after acquiring an additional 227,202 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Vanguard Real Estate ETF by 3.7% during the fourth quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock worth $202,243,000 after purchasing an additional 79,954 shares during the last quarter.

Vanguard Real Estate ETF Stock Up 1.2 %

VNQ stock opened at $83.63 on Friday. The firm has a market cap of $91.16 billion, a PE ratio of 32.61 and a beta of 1.00. The business has a 50 day moving average of $90.07 and a 200-day moving average of $92.09. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58.

Vanguard Real Estate ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.9319 dividend. The ex-dividend date 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.