Sylvest Advisors LLC Buys Shares of 17,088 Vanguard Real Estate ETF $VNQ

Sylvest Advisors LLC acquired a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 17,088 shares of the exchange traded fund’s stock, valued at approximately $1,516,000. Vanguard Real Estate ETF makes up about 0.8% of Sylvest Advisors LLC’s holdings, making the stock its 15th largest holding.

A number of other hedge funds have also modified their holdings of the business. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Real Estate ETF by 9.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock valued at $1,061,366,000 after buying an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Real Estate ETF by 7.4% in the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after acquiring an additional 695,474 shares during the last quarter. Morgan Stanley raised its holdings in shares of Vanguard Real Estate ETF by 1.1% in the fourth quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock worth $875,194,000 after acquiring an additional 111,978 shares during the last quarter. Financial Engines Advisors L.L.C. lifted its position in shares of Vanguard Real Estate ETF by 1.6% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 3,370,746 shares of the exchange traded fund’s stock valued at $298,277,000 after acquiring an additional 53,115 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Vanguard Real Estate ETF by 0.6% in the fourth quarter. Bank of New York Mellon Corp now owns 2,695,086 shares of the exchange traded fund’s stock valued at $238,488,000 after acquiring an additional 14,957 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 1.5%

Vanguard Real Estate ETF stock opened at $98.67 on Friday. The stock has a 50-day moving average price of $96.23 and a 200 day moving average price of $92.95. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The stock has a market cap of $38.04 billion, a PE ratio of 35.58 and a beta of 0.98.

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.