Powerhouse Assets LLC Buys Shares of 9,723 Vanguard Real Estate ETF $VNQ

Powerhouse Assets LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 9,723 shares of the exchange traded fund’s stock, valued at approximately $860,000. Vanguard Real Estate ETF accounts for about 0.8% of Powerhouse Assets LLC’s holdings, making the stock its 23rd biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Real Estate ETF by 8.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,960,194 shares of the exchange traded fund’s stock worth $1,001,981,000 after acquiring an additional 847,016 shares during the period. Wealthfront Advisers LLC lifted its holdings in Vanguard Real Estate ETF by 6.4% in the third quarter. Wealthfront Advisers LLC now owns 9,343,853 shares of the exchange traded fund’s stock valued at $854,215,000 after acquiring an additional 565,655 shares during the period. JPMorgan Chase & Co. boosted its position in Vanguard Real Estate ETF by 6.2% in 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 during the last quarter. Gallagher Fiduciary Advisors LLC boosted its position in Vanguard Real Estate ETF by 8,739.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock worth $509,221,000 after purchasing an additional 5,653,040 shares during the last quarter. Finally, US Bancorp DE grew its stake in shares of Vanguard Real Estate ETF by 2.5% during the 3rd quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock valued at $473,218,000 after purchasing an additional 124,389 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Up 0.4%

NYSEARCA VNQ opened at $89.02 on Thursday. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $96.23. The firm has a market capitalization of $34.09 billion, a P/E ratio of 35.58 and a beta of 1.03. The company has a 50-day moving average price of $92.13 and a 200-day moving average price of $90.83.

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.