Conning Inc. Purchases 55,884 Shares of Vanguard Real Estate ETF $VNQ

Conning Inc. purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 55,884 shares of the exchange traded fund’s stock, valued at approximately $5,009,000.

Several other institutional investors also recently modified their holdings of the business. Citizens Financial Group Inc. RI purchased a new position in Vanguard Real Estate ETF in the 3rd quarter worth about $43,317,000. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock valued at $213,042,000 after acquiring an additional 54,884 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Vanguard Real Estate ETF by 23.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,059,730 shares of the exchange traded fund’s stock valued at $102,190,000 after acquiring an additional 198,524 shares during the last quarter. Tectonic Advisors LLC boosted its holdings in shares of Vanguard Real Estate ETF by 4.4% during the 3rd quarter. Tectonic Advisors LLC now owns 245,640 shares of the exchange traded fund’s stock valued at $22,017,000 after acquiring an additional 10,375 shares during the last quarter. Finally, QRG Capital Management Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 521.5% during the 2nd quarter. QRG Capital Management Inc. now owns 17,403 shares of the exchange traded fund’s stock valued at $1,678,000 after acquiring an additional 14,603 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.6%

Shares of VNQ stock opened at $91.79 on Thursday. The company has a 50 day moving average price of $93.37 and a 200-day moving average price of $94.51. 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 $36.82 billion, a PE ratio of 35.58 and a beta of 0.97.

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.