Vanguard Real Estate ETF $VNQ Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,205,350 shares of the exchange traded fund’s stock after selling 15,397 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard Real Estate ETF were worth $107,348,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Vanguard Real Estate ETF by 59.4% in the 4th 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 last quarter. Revolve Wealth Partners LLC lifted its position in shares of Vanguard Real Estate ETF by 267.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after acquiring an additional 5,532 shares during the last quarter. CWM LLC boosted its stake in shares of Vanguard Real Estate ETF by 211.0% during the 1st quarter. CWM LLC now owns 67,101 shares of the exchange traded fund’s stock worth $6,075,000 after acquiring an additional 45,528 shares in the last quarter. BIP Wealth LLC grew its holdings in shares of Vanguard Real Estate ETF by 9.8% in the 1st quarter. BIP Wealth LLC now owns 8,693 shares of the exchange traded fund’s stock worth $787,000 after acquiring an additional 774 shares during the last quarter. Finally, DecisionPoint Financial LLC raised its position in shares of Vanguard Real Estate ETF by 6.4% during the first quarter. DecisionPoint Financial LLC now owns 200,427 shares of the exchange traded fund’s stock worth $18,147,000 after purchasing an additional 11,992 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.7%

Shares of NYSEARCA VNQ opened at $90.51 on Thursday. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The business has a fifty day simple moving average of $90.92 and a 200-day simple moving average of $90.16. 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 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.