Vanderbilt University Purchases 7,715 Shares of Vanguard Real Estate ETF $VNQ

Vanderbilt University boosted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 856,425 shares of the exchange traded fund’s stock after purchasing an additional 7,715 shares during the quarter. Vanguard Real Estate ETF comprises about 12.9% of Vanderbilt University’s investment portfolio, making the stock its 3rd largest holding. Vanderbilt University’s holdings in Vanguard Real Estate ETF were worth $75,785,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Palisade Asset Management LLC bought a new stake in Vanguard Real Estate ETF in the third quarter valued at about $36,000. Texas Capital Bancshares Inc TX bought a new stake in Vanguard Real Estate ETF in the third quarter valued at about $44,000. Thompson Investment Management Inc. bought a new stake in Vanguard Real Estate ETF in the third quarter valued at about $45,000. Corsicana & Co. bought a new stake in Vanguard Real Estate ETF in the third quarter valued at about $47,000. Finally, Wealth Watch Advisors INC bought a new stake in Vanguard Real Estate ETF in the third quarter valued at about $47,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.1%

NYSEARCA VNQ opened at $90.49 on Wednesday. The stock has a 50-day simple moving average of $92.12 and a 200 day simple moving average of $90.76. The company has a market capitalization of $35.01 billion, a PE ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $96.23.

Vanguard Real Estate ETF 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.