JPMorgan Chase & Co. Cuts Holdings in Vanguard Real Estate ETF $VNQ

JPMorgan Chase & Co. reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 8,113,376 shares of the exchange traded fund’s stock after selling 421,759 shares during the quarter. JPMorgan Chase & Co.’s holdings in Vanguard Real Estate ETF were worth $717,953,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in VNQ. State Street Corp raised its position in shares of Vanguard Real Estate ETF by 735.3% in the 2nd quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after buying an additional 1,402,196 shares during the period. Corient Private Wealth LLC raised its position in shares of Vanguard Real Estate ETF by 97.2% in the 2nd quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock worth $197,740,000 after buying an additional 1,094,540 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 worth $1,061,366,000 after buying an additional 1,033,999 shares during the period. Wealthfront Advisers LLC raised its position in shares of Vanguard Real Estate ETF by 7.4% in the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after buying an additional 695,474 shares during the period. Finally, Caisse de depot et placement du Quebec raised its position in shares of Vanguard Real Estate ETF by 79.8% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,223,000 shares of the exchange traded fund’s stock worth $111,807,000 after buying an additional 542,700 shares during the period. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 2.3%

Shares of VNQ opened at $97.67 on Wednesday. The firm has a market capitalization of $37.65 billion, a P/E ratio of 35.58 and a beta of 0.98. The stock’s fifty day simple moving average is $94.68 and its 200 day simple moving average is $92.33. Vanguard Real Estate ETF has a twelve month low of $86.84 and a twelve month high of $98.11.

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.