Concurrent Investment Advisors LLC Boosts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Concurrent Investment Advisors LLC raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,195 shares of the exchange traded fund’s stock after purchasing an additional 228 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $1,086,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Empower Advisory Group LLC raised its position in Vanguard Real Estate ETF by 3.2% in the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after purchasing an additional 370,503 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Real Estate ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after buying an additional 263,065 shares during the period. US Bancorp DE raised its holdings in shares of Vanguard Real Estate ETF by 2.5% in the 3rd quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after buying an additional 123,161 shares during the period. State of New Jersey Common Pension Fund D raised its holdings in shares of Vanguard Real Estate ETF by 465.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after buying an additional 3,774,000 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at $209,453,000.

Vanguard Real Estate ETF Trading Down 1.0 %

VNQ stock opened at $91.64 on Friday. The company has a market capitalization of $36.07 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The business’s fifty day moving average price is $90.02 and its 200 day moving average price is $93.47.

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.