Passive Capital Management LLC. Sells 10,602 Shares of Vanguard Real Estate ETF $VNQ

Passive Capital Management LLC. decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 499,595 shares of the exchange traded fund’s stock after selling 10,602 shares during the quarter. Vanguard Real Estate ETF makes up approximately 13.9% of Passive Capital Management LLC.’s holdings, making the stock its largest holding. Passive Capital Management LLC. owned 0.13% of Vanguard Real Estate ETF worth $44,819,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Atlantic Union Bankshares Corp purchased a new stake in Vanguard Real Estate ETF during the second quarter valued at about $585,000. Allworth Financial LP raised its holdings in shares of Vanguard Real Estate ETF by 179.5% in the 2nd quarter. Allworth Financial LP now owns 77,106 shares of the exchange traded fund’s stock worth $6,867,000 after purchasing an additional 49,516 shares during the period. Cullen Frost Bankers Inc. lifted its stake in shares of Vanguard Real Estate ETF by 365.3% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 1,340 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 1,052 shares in the last quarter. Kerntke Otto McGlone Wealth Management Group lifted its stake in shares of Vanguard Real Estate ETF by 2.5% in the 2nd quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after purchasing an additional 285 shares in the last quarter. Finally, Sovereign Financial Group Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.9% during the 2nd quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after purchasing an additional 114 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $88.14 on Friday. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.20. The firm has a 50 day moving average price of $90.55 and a 200 day moving average price of $90.16. The company has a market cap of $33.25 billion, a PE ratio of 35.58 and a beta of 1.03.

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.