Oppenheimer & Co. Inc. Purchases 17,683 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Oppenheimer & Co. Inc. grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 41.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 60,551 shares of the exchange traded fund’s stock after purchasing an additional 17,683 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Vanguard Real Estate ETF were worth $5,899,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Eastern Bank purchased a new position in Vanguard Real Estate ETF during the third quarter valued at approximately $26,000. ORG Partners LLC bought a new stake in Vanguard Real Estate ETF during the 2nd quarter valued at $26,000. Pathway Financial Advisers LLC bought a new stake in Vanguard Real Estate ETF during the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new position in shares of Vanguard Real Estate ETF in the 2nd quarter valued at $28,000. Finally, Addison Advisors LLC raised its position in shares of Vanguard Real Estate ETF by 6,350.0% in the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 381 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of VNQ stock opened at $93.75 on Friday. The stock’s 50-day moving average is $96.13 and its 200 day moving average is $89.90. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58. The company has a market cap of $36.90 billion, a P/E ratio of 22.09 and a beta of 1.03.

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.