Financial Solutions Advisory Group Inc. Takes Position in Vanguard Real Estate ETF $VNQ

Financial Solutions Advisory Group Inc. bought a new stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 17,781 shares of the exchange traded fund’s stock, valued at approximately $1,577,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VNQ. State Street Corp boosted its holdings in Vanguard Real Estate ETF by 735.3% during the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after buying an additional 1,402,196 shares during the last quarter. Corient Private Wealth LLC raised its holdings in Vanguard Real Estate ETF by 97.2% in the second quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock worth $197,740,000 after purchasing an additional 1,094,540 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard Real Estate ETF by 9.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after purchasing an additional 1,033,999 shares during the period. Bank of New York Mellon Corp boosted its position in shares of Vanguard Real Estate ETF by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after purchasing an additional 736,312 shares in the last quarter. Finally, Wealthfront Advisers LLC boosted its position in shares of Vanguard Real Estate ETF by 7.4% during the fourth quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after purchasing an additional 695,474 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Down 0.5%

Shares of VNQ stock opened at $98.95 on Friday. The firm has a market capitalization of $39.21 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12-month low of $86.84 and a 12-month high of $101.80. The firm has a fifty day moving average of $97.63 and a 200-day moving average of $94.64.

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.