AMI Investment Management Inc. Buys New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

AMI Investment Management Inc. bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, HoldingsChannel reports. The institutional investor bought 3,127 shares of the exchange traded fund’s stock, valued at approximately $276,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VNQ. Moneta Group Investment Advisors LLC increased its holdings in shares of Vanguard Real Estate ETF by 115,289.9% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,063,365,980 shares of the exchange traded fund’s stock worth $87,706,426,000 after buying an additional 1,062,444,438 shares during the last quarter. Morgan Stanley increased its holdings in Vanguard Real Estate ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 16,464,307 shares of the exchange traded fund’s stock valued at $1,357,976,000 after purchasing an additional 194,301 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Vanguard Real Estate ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock valued at $804,308,000 after purchasing an additional 1,955,619 shares in the last quarter. Empower Advisory Group LLC increased its holdings in Vanguard Real Estate ETF by 5.8% in the 3rd quarter. Empower Advisory Group LLC now owns 10,254,994 shares of the exchange traded fund’s stock valued at $775,893,000 after purchasing an additional 566,346 shares in the last quarter. Finally, Wealthfront Advisers LLC increased its holdings in Vanguard Real Estate ETF by 3.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 7,449,131 shares of the exchange traded fund’s stock valued at $563,601,000 after purchasing an additional 257,323 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 0.7 %

Shares of NYSEARCA VNQ opened at $86.48 on Friday. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $90.09. The company has a market cap of $33.34 billion, a P/E ratio of 28.40 and a beta of 0.91. The stock has a fifty day moving average price of $85.05 and a 200 day moving average price of $82.03.

About Vanguard Real Estate ETF

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.