Cannon Financial Strategists Inc. Raises Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Cannon Financial Strategists Inc. grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,231 shares of the exchange traded fund’s stock after acquiring an additional 415 shares during the period. Cannon Financial Strategists Inc.’s holdings in Vanguard Real Estate ETF were worth $288,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Empower Advisory Group LLC boosted its holdings in shares of Vanguard Real Estate ETF by 3.2% in the fourth quarter. Empower Advisory Group LLC now owns 11,793,797 shares of the exchange traded fund’s stock valued at $1,050,591,000 after acquiring an additional 370,503 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard Real Estate ETF by 2.7% in the third quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock valued at $972,156,000 after acquiring an additional 263,065 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after acquiring an additional 123,161 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in shares of Vanguard Real Estate ETF by 465.1% in the third quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after acquiring an additional 3,774,000 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of Vanguard Real Estate ETF by 17,050.2% in the third quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock valued at $348,272,000 after acquiring an additional 3,554,112 shares in the last quarter.

Vanguard Real Estate ETF Trading Up 0.4 %

VNQ stock opened at $92.04 on Wednesday. The company has a market cap of $36.23 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52 week low of $78.27 and a 52 week high of $99.58. The company’s 50-day moving average price is $90.14 and its 200 day moving average price is $93.44.

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.