Rakuten Investment Management Inc. Acquires New Stake in Vanguard Real Estate ETF $VNQ

Rakuten Investment Management Inc. bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 56,817 shares of the exchange traded fund’s stock, valued at approximately $5,173,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Samalin Investment Counsel LLC grew its holdings in shares of Vanguard Real Estate ETF by 33.1% during the third quarter. Samalin Investment Counsel LLC now owns 18,346 shares of the exchange traded fund’s stock worth $1,677,000 after purchasing an additional 4,558 shares in the last quarter. Adaptive Financial Consulting LLC lifted its position in Vanguard Real Estate ETF by 2.7% during the third quarter. Adaptive Financial Consulting LLC now owns 112,041 shares of the exchange traded fund’s stock valued at $10,243,000 after purchasing an additional 2,924 shares during the last quarter. Allegiance Financial Group Advisory Services LLC grew its stake in Vanguard Real Estate ETF by 7.4% in the 3rd quarter. Allegiance Financial Group Advisory Services LLC now owns 9,646 shares of the exchange traded fund’s stock worth $882,000 after buying an additional 668 shares in the last quarter. Silver Coast Investments LLC grew its stake in Vanguard Real Estate ETF by 3.4% in the 3rd quarter. Silver Coast Investments LLC now owns 81,027 shares of the exchange traded fund’s stock worth $7,407,000 after buying an additional 2,673 shares in the last quarter. Finally, Sage Mountain Advisors LLC increased its holdings in shares of Vanguard Real Estate ETF by 6.1% in the 3rd quarter. Sage Mountain Advisors LLC now owns 3,983 shares of the exchange traded fund’s stock worth $364,000 after buying an additional 229 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $90.36 on Friday. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $94.95. The stock has a market cap of $34.60 billion, a P/E ratio of 35.58 and a beta of 1.03. The firm’s fifty day moving average price is $89.63 and its 200-day moving average price is $90.29.

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.