Peapack Gladstone Financial Corp Boosts Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Peapack Gladstone Financial Corp raised its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 438,793 shares of the exchange traded fund’s stock after purchasing an additional 29,210 shares during the quarter. Peapack Gladstone Financial Corp owned 0.11% of Vanguard Real Estate ETF worth $39,088,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Empower Advisory Group LLC boosted its stake 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 buying an additional 370,503 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of Vanguard Real Estate ETF by 2.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,979,016 shares of the exchange traded fund’s stock worth $972,156,000 after purchasing an additional 263,065 shares during the period. US Bancorp DE increased its holdings in shares of Vanguard Real Estate ETF by 11.5% in the 4th quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after purchasing an additional 585,657 shares in the last quarter. Wells Fargo & Company MN lifted its stake in shares of Vanguard Real Estate ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 4,654,494 shares of the exchange traded fund’s stock valued at $414,622,000 after purchasing an additional 227,202 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in Vanguard Real Estate ETF by 3.7% during the fourth quarter. Bank of New York Mellon Corp now owns 2,270,349 shares of the exchange traded fund’s stock worth $202,243,000 after buying an additional 79,954 shares in the last quarter.

Vanguard Real Estate ETF Trading Down 4.3 %

Shares of Vanguard Real Estate ETF stock opened at $84.20 on Friday. The company has a 50-day moving average of $91.22 and a two-hundred day moving average of $92.83. Vanguard Real Estate ETF has a 12-month low of $78.27 and a 12-month high of $99.58. The stock has a market cap of $91.78 billion, a PE ratio of 32.61 and a beta of 1.00.

Vanguard Real Estate ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date was Tuesday, March 25th.

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.