Duncan Williams Asset Management LLC Takes $320,000 Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Duncan Williams Asset Management LLC purchased a new stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,281 shares of the exchange traded fund’s stock, valued at approximately $320,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Goldman Sachs Group Inc. lifted its stake in shares of Vanguard Real Estate ETF by 87.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,685 shares of the exchange traded fund’s stock valued at $861,217,000 after purchasing an additional 4,547,414 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard Real Estate ETF by 7.0% in the 2nd 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 purchasing an additional 523,467 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Vanguard Real Estate ETF by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock valued at $187,546,000 after purchasing an additional 10,732 shares during the last quarter. Beacon Capital Management Inc. lifted its stake in shares of Vanguard Real Estate ETF by 223.8% in the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock valued at $157,952,000 after purchasing an additional 1,283,964 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Real Estate ETF by 2.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,703,245 shares of the exchange traded fund’s stock valued at $142,874,000 after purchasing an additional 44,660 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 0.9 %

VNQ stock opened at $95.57 on Friday. The firm has a market cap of $37.62 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $99.58. The company has a fifty day simple moving average of $94.34 and a 200 day simple moving average of $87.38.

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.