Vanguard Real Estate ETF $VNQ Stock Acquired by Bear Mountain Capital Inc.

Bear Mountain Capital Inc. grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.2% in the third quarter, Holdings Channel reports. The fund owned 116,987 shares of the exchange traded fund’s stock after buying an additional 6,788 shares during the quarter. Vanguard Real Estate ETF makes up about 3.0% of Bear Mountain Capital Inc.’s portfolio, making the stock its 10th biggest position. Bear Mountain Capital Inc.’s holdings in Vanguard Real Estate ETF were worth $10,735,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VNQ. Wealthfront Advisers LLC increased its position in Vanguard Real Estate ETF by 0.3% in 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 during the last quarter. Bank of New York Mellon Corp raised its stake in Vanguard Real Estate ETF by 27.3% during 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 in the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard Real Estate ETF by 2.5% during the second quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock valued at $213,042,000 after purchasing an additional 54,884 shares in the last quarter. Cetera Investment Advisers raised its stake in Vanguard Real Estate ETF by 13.3% during the first quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock valued at $209,588,000 after purchasing an additional 278,151 shares in the last quarter. Finally, Fifth Third Bancorp lifted its position in Vanguard Real Estate ETF by 11.6% during the first quarter. Fifth Third Bancorp now owns 1,677,694 shares of the exchange traded fund’s stock valued at $148,811,000 after purchasing an additional 174,384 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $95.73 on Monday. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $101.80. The firm has a market capitalization of $38.34 billion, a P/E ratio of 35.58 and a beta of 0.95. The company has a fifty day simple moving average of $92.92 and a two-hundred day simple moving average of $94.67.

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.