Royal Bank of Canada Boosts Stock Position in Vanguard Real Estate ETF $VNQ

Royal Bank of Canada increased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,568,908 shares of the exchange traded fund’s stock after acquiring an additional 20,178 shares during the period. Royal Bank of Canada owned about 0.41% of Vanguard Real Estate ETF worth $139,162,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VNQ. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Real Estate ETF by 9.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock valued at $1,061,366,000 after acquiring an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Vanguard Real Estate ETF by 0.3% during the first quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock worth $893,225,000 after purchasing an additional 30,853 shares in the last quarter. Morgan Stanley lifted its position in shares of Vanguard Real Estate ETF by 1.1% during the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after purchasing an additional 111,978 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Real Estate ETF by 27.3% in the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock valued at $304,365,000 after purchasing an additional 736,312 shares during the period. Finally, Financial Engines Advisors L.L.C. boosted its stake in shares of Vanguard Real Estate ETF by 1.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock valued at $298,277,000 after purchasing an additional 53,115 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $99.49 on Friday. The stock has a market capitalization of $39.42 billion, a P/E ratio of 35.58 and a beta of 0.98. The company has a 50 day moving average price of $97.59 and a 200 day moving average price of $94.61. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.80.

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.