Johnson Financial Group Inc. Cuts Position in Vanguard Real Estate ETF $VNQ

Johnson Financial Group Inc. trimmed its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 8.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,729 shares of the exchange traded fund’s stock after selling 11,165 shares during the period. Vanguard Real Estate ETF accounts for 0.5% of Johnson Financial Group Inc.’s portfolio, making the stock its 29th largest position. Johnson Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $11,286,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Empower Advisory Group LLC raised its holdings in Vanguard Real Estate ETF by 4.2% in the second quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock worth $1,285,684,000 after purchasing an additional 577,515 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard Real Estate ETF by 5.4% in the 1st 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 buying an additional 492,425 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Vanguard Real Estate ETF by 2.5% in the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock valued at $781,786,000 after buying an additional 216,763 shares in the last quarter. State of New Jersey Common Pension Fund D grew its position 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 worth $778,542,000 after buying an additional 4,013,382 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its stake in shares of Vanguard Real Estate ETF by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock worth $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 Stock Up 0.4%

Shares of VNQ opened at $91.04 on Thursday. The company has a 50 day moving average of $90.38 and a two-hundred day moving average of $90.21. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20. The company has a market cap of $34.34 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.