The Manufacturers Life Insurance Company Has $76.39 Million Stake in Vanguard Real Estate ETF $VNQ

The Manufacturers Life Insurance Company reduced its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 861,206 shares of the exchange traded fund’s stock after selling 56,593 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard Real Estate ETF were worth $76,389,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of 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 valued at $2,740,000 after acquiring an additional 11,469 shares during the period. Revolve Wealth Partners LLC raised its holdings in Vanguard Real Estate ETF by 267.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares during the last quarter. AQR Capital Management LLC lifted its position in Vanguard Real Estate ETF by 17.5% during the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after purchasing an additional 1,284 shares during the period. Russell Investments Group Ltd. lifted its position in Vanguard Real Estate ETF by 84.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after purchasing an additional 2,222 shares during the period. Finally, State Street Corp lifted its position in Vanguard Real Estate ETF by 735.3% during the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after purchasing an additional 1,402,196 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.3%

Shares of NYSEARCA VNQ opened at $100.66 on Thursday. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $101.80. The firm’s 50-day moving average is $97.53 and its 200-day moving average is $94.54. The firm has a market capitalization of $39.88 billion, a PE ratio of 35.58 and a beta of 0.98.

Vanguard Real Estate ETF Company 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.