Motley Fool Wealth Management LLC Has $1.70 Million Stake in Vanguard Real Estate ETF $VNQ

Motley Fool Wealth Management LLC lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 91.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,182 shares of the exchange traded fund’s stock after purchasing an additional 9,159 shares during the period. Motley Fool Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $1,697,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its position in shares of Vanguard Real Estate ETF by 9.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after purchasing an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Real Estate ETF by 7.4% during the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after purchasing an additional 695,474 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Vanguard Real Estate ETF by 6.2% during the third quarter. JPMorgan Chase & Co. now owns 8,535,135 shares of the exchange traded fund’s stock worth $780,282,000 after purchasing an additional 498,006 shares in the last quarter. US Bancorp DE lifted its position in shares of Vanguard Real Estate ETF by 2.5% during the third quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock worth $473,218,000 after purchasing an additional 124,389 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. lifted its position in shares of Vanguard Real Estate ETF by 1.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 3,317,631 shares of the exchange traded fund’s stock worth $303,298,000 after purchasing an additional 32,240 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Up 2.3%

Shares of VNQ stock opened at $97.67 on Wednesday. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $98.11. The firm’s 50 day moving average is $94.68 and its 200-day moving average is $92.33. The firm has a market capitalization of $37.65 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF 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.