Marquette Asset Management LLC Acquires New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Marquette Asset Management LLC acquired a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,300 shares of the exchange traded fund’s stock, valued at approximately $127,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its position in shares of Vanguard Real Estate ETF by 87.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,685 shares of the exchange traded fund’s stock valued at $861,217,000 after acquiring an additional 4,547,414 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 period. Axiom Advisory LLC grew its stake in shares of Vanguard Real Estate ETF by 13.2% in the third quarter. Axiom Advisory LLC now owns 2,947,591 shares of the exchange traded fund’s stock valued at $271,446,000 after buying an additional 343,033 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Real Estate ETF by 0.5% during the second 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 period. Finally, Beacon Capital Management Inc. boosted its position in 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 buying an additional 1,283,964 shares during the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $94.46 on Wednesday. The company has a market capitalization of $37.18 billion, a P/E ratio of 22.09 and a beta of 1.03. The company has a 50-day moving average of $94.54 and a 200-day moving average of $87.53. Vanguard Real Estate ETF has a 1-year low of $70.61 and a 1-year high of $99.58.

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.