Oppenheimer & Co. Inc. Has $2.21 Million Stock Position in Vanguard Real Estate ETF $VNQ

Oppenheimer & Co. Inc. trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 55.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,916 shares of the exchange traded fund’s stock after selling 31,312 shares during the period. Oppenheimer & Co. Inc.’s holdings in Vanguard Real Estate ETF were worth $2,205,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNQ. Brighton Jones LLC boosted its holdings in Vanguard Real Estate ETF by 59.4% during the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after buying an additional 11,469 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after buying an additional 5,532 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Vanguard Real Estate ETF by 17.5% during the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock worth $780,000 after buying an additional 1,284 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Vanguard Real Estate ETF by 84.9% during the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock worth $431,000 after buying an additional 2,222 shares during the last quarter. Finally, State Street Corp boosted its holdings in Vanguard Real Estate ETF by 735.3% during the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after buying an additional 1,402,196 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.6%

Shares of VNQ opened at $95.46 on Tuesday. Vanguard Real Estate ETF has a 1 year low of $86.36 and a 1 year high of $97.06. The stock has a market cap of $36.80 billion, a P/E ratio of 35.58 and a beta of 1.00. The stock’s 50-day moving average price is $92.92 and its two-hundred day moving average price is $91.28.

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.