Oppenheimer Asset Management Inc. Purchases 3,685 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Oppenheimer Asset Management Inc. boosted its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 26.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 17,565 shares of the exchange traded fund’s stock after purchasing an additional 3,685 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Vanguard Real Estate ETF were worth $1,565,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Vanguard Real Estate ETF during the 3rd quarter valued at $97,000. Creative Financial Designs Inc. ADV lifted its stake in Vanguard Real Estate ETF by 22.1% during the third quarter. Creative Financial Designs Inc. ADV now owns 1,621 shares of the exchange traded fund’s stock worth $158,000 after purchasing an additional 293 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Vanguard Real Estate ETF by 16.9% during the third quarter. Janney Montgomery Scott LLC now owns 85,970 shares of the exchange traded fund’s stock worth $8,375,000 after purchasing an additional 12,458 shares during the last quarter. Forum Financial Management LP boosted its holdings in shares of Vanguard Real Estate ETF by 3.1% in the 3rd quarter. Forum Financial Management LP now owns 9,836 shares of the exchange traded fund’s stock worth $958,000 after purchasing an additional 292 shares in the last quarter. Finally, Vestor Capital LLC increased its position in shares of Vanguard Real Estate ETF by 16.2% during the 3rd quarter. Vestor Capital LLC now owns 123,791 shares of the exchange traded fund’s stock valued at $12,060,000 after purchasing an additional 17,237 shares during the last quarter.

Vanguard Real Estate ETF Trading Up 0.5 %

Shares of NYSEARCA VNQ opened at $94.34 on Tuesday. The stock’s 50-day moving average is $90.37 and its 200 day moving average is $93.58. The stock has a market cap of $102.83 billion, a price-to-earnings ratio of 34.84 and a beta of 1.07. Vanguard Real Estate ETF has a 1-year low of $78.27 and a 1-year high of $99.58.

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.