Octavia Wealth Advisors LLC Invests $309,000 in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Octavia Wealth Advisors LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,494 shares of the exchange traded fund’s stock, valued at approximately $309,000.

A number of other institutional investors and hedge funds have also made changes to their positions in VNQ. Moneta Group Investment Advisors LLC grew its stake in Vanguard Real Estate ETF by 115,289.9% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,063,365,980 shares of the exchange traded fund’s stock valued at $87,706,426,000 after acquiring an additional 1,062,444,438 shares during the last quarter. Morgan Stanley grew its stake in Vanguard Real Estate ETF by 1.2% in the 4th quarter. Morgan Stanley now owns 16,464,307 shares of the exchange traded fund’s stock valued at $1,357,976,000 after acquiring an additional 194,301 shares during the last quarter. JPMorgan Chase & Co. grew its stake in Vanguard Real Estate ETF by 22.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 10,630,558 shares of the exchange traded fund’s stock valued at $804,308,000 after acquiring an additional 1,955,619 shares during the last quarter. Empower Advisory Group LLC grew its stake in Vanguard Real Estate ETF by 5.8% in the 3rd quarter. Empower Advisory Group LLC now owns 10,254,994 shares of the exchange traded fund’s stock valued at $775,893,000 after acquiring an additional 566,346 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its stake in Vanguard Real Estate ETF by 3.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 7,449,131 shares of the exchange traded fund’s stock valued at $563,601,000 after acquiring an additional 257,323 shares during the last quarter.

Vanguard Real Estate ETF Trading Down 1.4 %

Shares of NYSEARCA VNQ opened at $79.21 on Wednesday. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $90.09. The stock has a market cap of $31.18 billion, a price-to-earnings ratio of 22.27 and a beta of 1.05. The company’s 50-day moving average price is $84.76 and its 200 day moving average price is $82.50.

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.