Vanguard Real Estate ETF $VNQ Stock: DecisionPoint Financial LLC Increases Position

DecisionPoint Financial LLC grew its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.4% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 320,824 shares of the exchange traded fund’s stock after buying an additional 27,673 shares during the quarter. Vanguard Real Estate ETF accounts for 5.0% of DecisionPoint Financial LLC’s investment portfolio, making the stock its 6th largest holding. DecisionPoint Financial LLC’s holdings in Vanguard Real Estate ETF were worth $28,608,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC boosted its holdings in shares of 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 valued at $893,225,000 after acquiring an additional 30,853 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of 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 worth $304,365,000 after acquiring an additional 736,312 shares during the period. Cetera Investment Advisers increased its stake in shares of 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 worth $209,588,000 after acquiring an additional 278,151 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of 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 worth $213,042,000 after acquiring an additional 54,884 shares during the period. Finally, Fifth Third Bancorp raised its holdings 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 worth $148,811,000 after purchasing an additional 174,384 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.6%

NYSEARCA VNQ opened at $91.79 on Thursday. The stock has a market capitalization of $36.82 billion, a P/E ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80. The firm has a 50-day moving average price of $93.37 and a 200 day moving average price of $94.51.

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.