First Horizon Corp Takes $1.12 Million Position in Vanguard Real Estate ETF $VNQ

First Horizon Corp purchased a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 12,200 shares of the exchange traded fund’s stock, valued at approximately $1,115,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNQ. Empower Advisory Group LLC boosted its stake in shares of Vanguard Real Estate ETF by 4.2% in the 2nd quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock valued at $1,285,684,000 after purchasing an additional 577,515 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard Real Estate ETF by 6.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,113,178 shares of the exchange traded fund’s stock valued at $900,680,000 after buying an additional 570,141 shares during the period. Wealthfront Advisers LLC boosted its stake in Vanguard Real Estate ETF by 2.5% in the second quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock valued at $781,786,000 after acquiring an additional 216,763 shares during the last quarter. Gallagher Fiduciary Advisors LLC grew its holdings in Vanguard Real Estate ETF by 8,739.3% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock worth $509,221,000 after acquiring an additional 5,653,040 shares during the period. Finally, Prudential Financial Inc. lifted its stake in shares of Vanguard Real Estate ETF by 2.0% in the 2nd quarter. Prudential Financial Inc. now owns 4,256,152 shares of the exchange traded fund’s stock valued at $379,053,000 after purchasing an additional 82,520 shares during the period. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Stock Up 0.1%

Shares of Vanguard Real Estate ETF stock opened at $89.59 on Tuesday. The business has a fifty day simple moving average of $89.41 and a 200 day simple moving average of $90.20. The stock has a market cap of $34.31 billion, a PE ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $94.95.

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.