15,118 Shares in Vanguard Real Estate ETF $VNQ Acquired by Briggs Wealth Management Inc

by · The Cerbat Gem

Briggs Wealth Management Inc bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ – Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 15,118 shares of the exchange traded fund’s stock, valued at approximately $1,338,000. Vanguard Real Estate ETF comprises about 1.4% of Briggs Wealth Management Inc’s investment portfolio, making the stock its 11th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Real Estate ETF by 9.4% during 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 acquiring an additional 1,033,999 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in Vanguard Real Estate ETF by 7.4% during the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after acquiring an additional 695,474 shares during the period. Morgan Stanley grew its position in Vanguard Real Estate ETF by 1.1% in the 4th quarter. Morgan Stanley now owns 9,890,313 shares of the exchange traded fund’s stock valued at $875,194,000 after acquiring an additional 111,978 shares in the last quarter. US Bancorp DE grew its position in Vanguard Real Estate ETF by 2.5% in the 3rd quarter. US Bancorp DE now owns 5,176,306 shares of the exchange traded fund’s stock valued at $473,218,000 after acquiring an additional 124,389 shares in the last quarter. Finally, Financial Engines Advisors L.L.C. grew its position in Vanguard Real Estate ETF by 1.6% in the 4th 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. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $95.56 on Friday. The firm has a market capitalization of $36.84 billion, a PE ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 1 year low of $86.84 and a 1 year high of $99.15. The firm’s 50-day moving average is $95.77 and its two-hundred day moving average is $92.67.

Vanguard Real Estate ETF Profile

(Free Report)

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.

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