Vanguard Real Estate ETF $VNQ Shares Newly Acquired by Peddock Capital Advisors LLC

Peddock Capital Advisors LLC bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 32,642 shares of the exchange traded fund’s stock, valued at approximately $2,926,000.

A number of other large investors have also modified their holdings of the stock. Bank of New York Mellon Corp lifted its position in Vanguard Real Estate ETF by 27.3% during the 1st quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after acquiring an additional 736,312 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Vanguard Real Estate ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock worth $209,588,000 after acquiring an additional 278,151 shares during the period. State Street Corp grew its position in Vanguard Real Estate ETF by 104.3% in the second quarter. State Street Corp now owns 524,486 shares of the exchange traded fund’s stock valued at $50,576,000 after acquiring an additional 267,787 shares in the last quarter. Catalyst Capital Advisors LLC grew its position in Vanguard Real Estate ETF by 18.6% in the first quarter. Catalyst Capital Advisors LLC now owns 1,393,147 shares of the exchange traded fund’s stock valued at $123,572,000 after acquiring an additional 218,784 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Vanguard Real Estate ETF by 23.1% in the second quarter. The Manufacturers Life Insurance Company now owns 1,059,730 shares of the exchange traded fund’s stock valued at $102,190,000 after acquiring an additional 198,524 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock traded up $0.32 on Friday, hitting $91.76. The stock had a trading volume of 4,517,663 shares, compared to its average volume of 3,695,271. The firm has a market capitalization of $36.81 billion, a price-to-earnings ratio of 35.58 and a beta of 0.97. The stock’s 50 day moving average is $94.23 and its 200-day moving average is $95.58. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.