Alpine Global Management LLC Takes $368,000 Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Alpine Global Management LLC purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 4,134 shares of the exchange traded fund’s stock, valued at approximately $368,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Empower Advisory Group LLC boosted its holdings in Vanguard Real Estate ETF by 3.2% in the 4th quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock worth $1,050,591,000 after buying an additional 370,503 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Vanguard Real Estate ETF by 2.7% in 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 stake in Vanguard Real Estate ETF by 11.5% during the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after purchasing an additional 585,657 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of Vanguard Real Estate ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock worth $414,622,000 after buying an additional 227,202 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in shares of Vanguard Real Estate ETF by 3.7% in 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 buying an additional 79,954 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

NYSEARCA:VNQ opened at $85.03 on Tuesday. The stock has a 50 day moving average price of $89.38 and a 200 day moving average price of $91.61. The stock has a market cap of $90.13 billion, a PE ratio of 31.68 and a beta of 1.00. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.58.

Vanguard Real Estate ETF Company 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.