BBR Partners LLC Takes $1.42 Million Position in Vanguard Real Estate ETF $VNQ

BBR Partners LLC bought a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,941 shares of the exchange traded fund’s stock, valued at approximately $1,420,000.

Several other institutional investors have also recently added to or reduced their stakes in VNQ. State of New Jersey Common Pension Fund D increased its stake in shares of Vanguard Real Estate ETF by 87.5% in the 1st 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. BNP Paribas Financial Markets grew its holdings in Vanguard Real Estate ETF by 458.2% in the first quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock worth $294,480,000 after purchasing an additional 2,669,771 shares during the period. State Street Corp increased its stake in Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after purchasing an additional 1,402,196 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Vanguard Real Estate ETF by 33.5% during 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 purchasing an additional 1,178,304 shares during the period. Finally, Midwest Trust Co bought a new position in shares of Vanguard Real Estate ETF during the 2nd quarter worth about $53,142,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $89.45 on Friday. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $94.95. The company has a market cap of $33.74 billion, a PE ratio of 35.58 and a beta of 1.03. The stock has a 50-day moving average of $90.04 and a 200-day moving average of $90.31.

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.