UNIVEST FINANCIAL Corp Invests $1.07 Million in Vanguard Real Estate ETF (NYSEARCA:VNQ)

UNIVEST FINANCIAL Corp bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the fourth quarter, HoldingsChannel reports. The fund bought 12,145 shares of the exchange traded fund’s stock, valued at approximately $1,073,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its holdings in Vanguard Real Estate ETF by 22.5% during the third quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock worth $804,308,000 after purchasing an additional 1,955,619 shares during the last quarter. Empower Advisory Group LLC increased its position in Vanguard Real Estate ETF by 5.8% during the third quarter. Empower Advisory Group LLC now owns 10,254,994 shares of the exchange traded fund’s stock worth $775,893,000 after buying an additional 566,346 shares in the last quarter. Wealthfront Advisers LLC increased its position in Vanguard Real Estate ETF by 3.6% during the third quarter. Wealthfront Advisers LLC now owns 7,449,131 shares of the exchange traded fund’s stock worth $563,601,000 after buying an additional 257,323 shares in the last quarter. Cerity Partners LLC increased its position in Vanguard Real Estate ETF by 601.6% during the fourth quarter. Cerity Partners LLC now owns 4,364,788 shares of the exchange traded fund’s stock worth $385,673,000 after buying an additional 3,742,702 shares in the last quarter. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management increased its position in Vanguard Real Estate ETF by 0.7% during the fourth quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 3,654,504 shares of the exchange traded fund’s stock worth $322,912,000 after buying an additional 24,650 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock traded up $0.77 during mid-day trading on Tuesday, hitting $82.14. 3,650,042 shares of the company were exchanged, compared to its average volume of 4,871,876. The business’s 50 day simple moving average is $83.60 and its two-hundred day simple moving average is $83.02. The company has a market capitalization of $32.33 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $90.09.

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.