Sound Financial Strategies Group LLC Buys New Holdings in Vanguard Real Estate ETF $VNQ

Sound Financial Strategies Group LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 89,663 shares of the exchange traded fund’s stock, valued at approximately $6,388,000. Vanguard Real Estate ETF accounts for 4.1% of Sound Financial Strategies Group LLC’s holdings, making the stock its 5th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after acquiring an additional 11,469 shares during the period. Revolve Wealth Partners LLC raised its position in shares of Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 1,284 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Vanguard Real Estate ETF by 84.9% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock worth $431,000 after purchasing an additional 2,222 shares in the last quarter. Finally, State Street Corp grew its position in Vanguard Real Estate ETF by 735.3% in the 2nd 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 during the period. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

VNQ opened at $97.62 on Wednesday. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.80. The firm has a market capitalization of $38.68 billion, a PE ratio of 35.58 and a beta of 0.97. The company’s 50-day moving average is $98.13 and its 200 day moving average is $95.29.

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.