Riverbridge Partners LLC Buys New Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Riverbridge Partners LLC bought a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,791 shares of the exchange traded fund’s stock, valued at approximately $516,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VNQ. Empower Advisory Group LLC raised its holdings in Vanguard Real Estate ETF by 1.1% during the third quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock worth $1,112,857,000 after purchasing an additional 125,586 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Vanguard Real Estate ETF by 2.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after buying an additional 263,065 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted 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 valued at $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% during 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 buying an additional 123,161 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D grew its holdings in Vanguard Real Estate ETF by 465.1% during the third quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock worth $446,718,000 after acquiring an additional 3,774,000 shares during the period.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $90.40 on Friday. The company has a market capitalization of $35.58 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $78.27 and a 12 month high of $99.58. The company’s 50 day simple moving average is $91.99 and its 200 day simple moving average is $93.04.

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.