Ruedi Wealth Management Inc. Boosts Stock Position in Vanguard Real Estate ETF $VNQ

Ruedi Wealth Management Inc. increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.1% during the 2nd quarter, Holdings Channel reports. The firm owned 9,986 shares of the exchange traded fund’s stock after buying an additional 1,741 shares during the period. Ruedi Wealth Management Inc.’s holdings in Vanguard Real Estate ETF were worth $889,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empower Advisory Group LLC lifted its holdings in Vanguard Real Estate ETF by 17.5% in the 1st quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock worth $1,254,761,000 after buying an additional 2,064,842 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Real Estate ETF by 5.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,543,037 shares of the exchange traded fund’s stock valued at $864,026,000 after acquiring an additional 492,425 shares in the last quarter. State of New Jersey Common Pension Fund D raised its holdings in shares of Vanguard Real Estate ETF by 87.5% during the first quarter. State of New Jersey Common Pension Fund D now owns 8,598,869 shares of the exchange traded fund’s stock valued at $778,542,000 after acquiring an additional 4,013,382 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Vanguard Real Estate ETF by 0.3% in the first quarter. Wealthfront Advisers LLC now owns 8,561,435 shares of the exchange traded fund’s stock worth $775,152,000 after acquiring an additional 26,397 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Vanguard Real Estate ETF by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after acquiring an additional 1,178,304 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 1.3%

Shares of NYSEARCA VNQ opened at $88.13 on Monday. The firm has a fifty day simple moving average of $90.92 and a two-hundred day simple moving average of $89.41. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The firm has a market capitalization of $33.25 billion, a PE ratio of 35.58 and a beta of 0.91.

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.