QRG Capital Management Inc. Takes Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

QRG Capital Management Inc. purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 2,504 shares of the exchange traded fund’s stock, valued at approximately $244,000.

A number of other institutional investors have also recently bought and sold shares of VNQ. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Real Estate ETF by 7.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after buying an additional 523,467 shares during the period. US Bancorp DE boosted its stake in 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 worth $494,836,000 after purchasing an additional 123,161 shares during the period. International Assets Investment Management LLC grew its position in Vanguard Real Estate ETF by 17,050.2% during the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock worth $348,272,000 after purchasing an additional 3,554,112 shares in the last quarter. Axiom Advisory LLC raised its stake in Vanguard Real Estate ETF by 13.2% during the 3rd quarter. Axiom Advisory LLC now owns 2,947,591 shares of the exchange traded fund’s stock valued at $271,446,000 after purchasing an additional 343,033 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Vanguard Real Estate ETF by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock valued at $187,546,000 after purchasing an additional 10,732 shares in the last quarter.

Vanguard Real Estate ETF Stock Down 1.4 %

Shares of Vanguard Real Estate ETF stock opened at $94.08 on Wednesday. Vanguard Real Estate ETF has a 12 month low of $74.51 and a 12 month high of $99.58. The stock has a market cap of $37.03 billion, a PE ratio of 22.09 and a beta of 1.03. The business has a fifty day simple moving average of $96.17 and a 200-day simple moving average of $89.77.

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.