McIlrath & Eck LLC Increases Stock Position in Vanguard Real Estate ETF $VNQ

McIlrath & Eck LLC raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 238,042 shares of the exchange traded fund’s stock after purchasing an additional 5,202 shares during the period. Vanguard Real Estate ETF comprises 1.6% of McIlrath & Eck LLC’s portfolio, making the stock its 19th largest holding. McIlrath & Eck LLC’s holdings in Vanguard Real Estate ETF were worth $21,114,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Real Estate ETF by 9.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock valued at $1,061,366,000 after purchasing an additional 1,033,999 shares during the last quarter. Wealthfront Advisers LLC grew its stake in Vanguard Real Estate ETF by 0.3% during the 1st quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock worth $893,225,000 after buying an additional 30,853 shares during the last quarter. Morgan Stanley increased its position in Vanguard Real Estate ETF by 1.1% during the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after buying an additional 111,978 shares during the period. Bank of New York Mellon Corp increased its position in Vanguard Real Estate ETF by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after buying an additional 736,312 shares during the period. Finally, Financial Engines Advisors L.L.C. lifted its stake in Vanguard Real Estate ETF by 1.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock valued at $298,277,000 after buying an additional 53,115 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 1.2%

VNQ stock opened at $99.49 on Friday. The company has a market capitalization of $39.42 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $101.80. The business has a 50 day simple moving average of $97.59 and a 200-day simple moving average of $94.61.

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.