Vanguard Real Estate ETF $VNQ Shares Sold by Petix & Botte Co

Petix & Botte Co trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.2% in the 2nd quarter, Holdings Channel reports. The firm owned 30,218 shares of the exchange traded fund’s stock after selling 1,991 shares during the period. Petix & Botte Co’s holdings in Vanguard Real Estate ETF were worth $2,691,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNQ. State of New Jersey Common Pension Fund D grew its holdings in shares of Vanguard Real Estate ETF by 87.5% during the first 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 in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of 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 buying an additional 2,669,771 shares in the last quarter. Empower Advisory Group LLC boosted its position in Vanguard Real Estate ETF by 17.5% during the first quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock worth $1,254,761,000 after acquiring an additional 2,064,842 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in 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 worth $425,194,000 after acquiring an additional 1,178,304 shares during the last quarter. Finally, Citigroup Inc. grew its stake in Vanguard Real Estate ETF by 1,384.8% during the 1st quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock valued at $79,641,000 after acquiring an additional 820,378 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Down 0.7%

VNQ stock opened at $90.51 on Thursday. The firm has a 50-day moving average of $90.92 and a two-hundred day moving average of $90.16. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The company has a market cap of $34.14 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.