Keystone Financial Group Purchases Shares of 3,275 Vanguard Real Estate ETF (NYSEARCA:VNQ)

Keystone Financial Group acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 3,275 shares of the exchange traded fund’s stock, valued at approximately $292,000.

A number of other hedge funds have also modified their holdings of VNQ. Empower Advisory Group LLC boosted its position in shares of Vanguard Real Estate ETF by 3.2% in the 4th quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after purchasing an additional 370,503 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Real Estate ETF by 2.7% in the third 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 during the period. US Bancorp DE increased its position in shares of Vanguard Real Estate ETF by 11.5% in the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock worth $504,644,000 after acquiring an additional 585,657 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Real Estate ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock valued at $414,622,000 after acquiring an additional 227,202 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in shares of Vanguard Real Estate ETF by 3.7% in the 4th quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock valued at $202,243,000 after acquiring an additional 79,954 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $85.36 on Tuesday. The company has a 50 day moving average price of $89.95 and a 200 day moving average price of $91.97. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.58. The firm has a market capitalization of $93.04 billion, a price-to-earnings ratio of 32.61 and a beta of 1.00.

Vanguard Real Estate ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date was Tuesday, March 25th.

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.