Prudential Financial Inc. Has $370.65 Million Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Prudential Financial Inc. lowered its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,160,901 shares of the exchange traded fund’s stock after selling 219,350 shares during the quarter. Prudential Financial Inc.’s holdings in Vanguard Real Estate ETF were worth $370,653,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in VNQ. United Bank grew its position in Vanguard Real Estate ETF by 22.4% during the 3rd quarter. United Bank now owns 47,305 shares of the exchange traded fund’s stock worth $4,608,000 after acquiring an additional 8,665 shares during the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Vanguard Real Estate ETF by 7.3% in the third quarter. Thrivent Financial for Lutherans now owns 24,539 shares of the exchange traded fund’s stock valued at $2,394,000 after buying an additional 1,670 shares during the last quarter. Moors & Cabot Inc. acquired a new position in Vanguard Real Estate ETF during the 3rd quarter worth about $344,000. Meridian Wealth Management LLC bought a new stake in Vanguard Real Estate ETF during the 3rd quarter worth about $1,231,000. Finally, Great Valley Advisor Group Inc. raised its stake in shares of Vanguard Real Estate ETF by 19.9% in the third quarter. Great Valley Advisor Group Inc. now owns 4,447 shares of the exchange traded fund’s stock worth $433,000 after acquiring an additional 739 shares during the last quarter.

Vanguard Real Estate ETF Price Performance

VNQ opened at $90.27 on Monday. The company’s 50 day simple moving average is $91.18 and its 200-day simple moving average is $93.33. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The stock has a market capitalization of $98.39 billion, a P/E ratio of 33.73 and a beta of 1.08.

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.