JPMorgan Chase & Co. Has $780.28 Million Position in Vanguard Real Estate ETF $VNQ

JPMorgan Chase & Co. increased its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,535,135 shares of the exchange traded fund’s stock after purchasing an additional 498,006 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.26% of Vanguard Real Estate ETF worth $780,282,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VNQ. Hantz Financial Services Inc. boosted its stake in shares of Vanguard Real Estate ETF by 123.6% during the second quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 173 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in Vanguard Real Estate ETF in the 2nd quarter valued at approximately $33,000. Thompson Investment Management Inc. acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $45,000. Heartwood Wealth Advisors LLC acquired a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $47,000. Finally, Corsicana & Co. bought a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

VNQ stock opened at $95.49 on Wednesday. The company has a market capitalization of $36.57 billion, a P/E ratio of 35.58 and a beta of 1.03. The company has a fifty day moving average price of $90.39 and a 200-day moving average price of $90.50. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $95.56.

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.