Northwestern Mutual Wealth Management Co. Boosts Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,994,347 shares of the exchange traded fund’s stock after purchasing an additional 523,467 shares during the quarter. Vanguard Real Estate ETF accounts for 0.7% of Northwestern Mutual Wealth Management Co.’s holdings, making the stock its 25th largest holding. Northwestern Mutual Wealth Management Co. owned 2.03% of Vanguard Real Estate ETF worth $669,716,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. ORG Partners LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter valued at $26,000. Pathway Financial Advisers LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 1st quarter valued at $28,000. Triad Wealth Partners LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter valued at $28,000. Fortis Group Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 167 shares during the period. Finally, Addison Advisors LLC raised its holdings in shares of Vanguard Real Estate ETF by 6,350.0% in the 2nd quarter. Addison Advisors LLC now owns 387 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 381 shares during the period.

Vanguard Real Estate ETF Trading Up 0.1 %

VNQ stock opened at $96.66 on Friday. The company has a market capitalization of $38.04 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $99.58. The business’s fifty day moving average price is $93.74 and its 200 day moving average price is $87.09.

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.