Brookstone Capital Management Has $8.80 Million Stake in Vanguard Real Estate ETF $VNQ

Brookstone Capital Management lifted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.2% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 99,248 shares of the exchange traded fund’s stock after buying an additional 5,814 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard Real Estate ETF were worth $8,803,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Real Estate ETF by 9.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after acquiring an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Real Estate ETF by 7.4% in the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after purchasing an additional 695,474 shares during the last quarter. Morgan Stanley boosted its holdings in Vanguard Real Estate ETF by 1.1% in the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after purchasing an additional 111,978 shares in the last quarter. US Bancorp DE boosted its holdings in Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock worth $473,218,000 after purchasing an additional 124,389 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. increased its position in Vanguard Real Estate ETF by 1.6% during the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock worth $298,277,000 after buying an additional 53,115 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $96.59 on Tuesday. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $99.15. The stock’s 50-day moving average is $95.92 and its two-hundred day moving average is $92.76. The firm has a market cap of $37.23 billion, a P/E ratio of 35.58 and a beta of 0.98.

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.