Cornerstone Wealth Management LLC Sells 460 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cornerstone Wealth Management LLC lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 19,701 shares of the exchange traded fund’s stock after selling 460 shares during the period. Cornerstone Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,755,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Empower Advisory Group LLC grew its position in Vanguard Real Estate ETF by 1.1% in the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock valued at $1,112,857,000 after acquiring an additional 125,586 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Vanguard Real Estate ETF by 2.7% during the third 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard Real Estate ETF by 7.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock valued at $669,716,000 after purchasing an additional 523,467 shares in the last quarter. US Bancorp DE boosted its stake in shares of Vanguard Real Estate ETF by 2.5% during the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after purchasing an additional 123,161 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D boosted its stake in shares of Vanguard Real Estate ETF by 465.1% during 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 purchasing an additional 3,774,000 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 0.3 %

Shares of VNQ stock opened at $90.71 on Friday. The business’s 50-day moving average price is $91.92 and its 200-day moving average price is $93.03. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The firm has a market capitalization of $35.70 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.