Vanguard Real Estate ETF (NYSEARCA:VNQ) Sees Strong Trading Volume – Here’s Why

Vanguard Real Estate ETF (NYSEARCA:VNQ) shares saw unusually-high trading volume on Friday . Approximately 5,705,966 shares were traded during trading, an increase of 32% from the previous session’s volume of 4,323,097 shares.The stock last traded at $86.23 and had previously closed at $87.69.

Vanguard Real Estate ETF Price Performance

The company has a market capitalization of $33.67 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. The stock has a 50 day simple moving average of $92.89 and a two-hundred day simple moving average of $92.74.

Hedge Funds Weigh In On Vanguard Real Estate ETF

Hedge funds have recently made changes to their positions in the company. Empower Advisory Group LLC boosted its holdings in shares of Vanguard Real Estate ETF by 1.1% in the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock valued at $1,112,857,000 after acquiring an additional 125,586 shares during the period. JPMorgan Chase & Co. boosted its stake in Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after purchasing an additional 263,065 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Real Estate ETF by 7.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after purchasing an additional 523,467 shares during the last quarter. US Bancorp DE increased its stake in Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after purchasing an additional 123,161 shares during the period. Finally, State of New Jersey Common Pension Fund D raised its holdings in shares of Vanguard Real Estate ETF by 465.1% in the third 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 last quarter.

Vanguard Real Estate ETF Company 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.