Wealth Enhancement Advisory Services LLC Cuts Stock Position in Vanguard Real Estate ETF $VNQ

Wealth Enhancement Advisory Services LLC cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 293,565 shares of the exchange traded fund’s stock after selling 22,604 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.08% of Vanguard Real Estate ETF worth $26,427,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Empower Advisory Group LLC lifted its position in Vanguard Real Estate ETF by 17.5% in 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 buying an additional 2,064,842 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Real Estate ETF by 5.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 9,543,037 shares of the exchange traded fund’s stock worth $864,026,000 after buying an additional 492,425 shares during the last quarter. State of New Jersey Common Pension Fund D lifted its position in Vanguard Real Estate ETF by 87.5% in 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 during the last quarter. Wealthfront Advisers LLC lifted its position in Vanguard Real Estate ETF by 0.3% in the first quarter. Wealthfront Advisers LLC now owns 8,561,435 shares of the exchange traded fund’s stock worth $775,152,000 after buying an additional 26,397 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Vanguard Real Estate ETF by 33.5% in 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 buying an additional 1,178,304 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Down 0.7%

Shares of VNQ opened at $91.65 on Friday. The company has a market cap of $34.36 billion, a PE ratio of 35.58 and a beta of 0.91. The business has a fifty day moving average of $90.86 and a 200 day moving average of $89.46. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.22.

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.