Schneider Downs Wealth Management Advisors LP Lowers Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Schneider Downs Wealth Management Advisors LP cut its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,060 shares of the exchange traded fund’s stock after selling 993 shares during the quarter. Schneider Downs Wealth Management Advisors LP’s holdings in Vanguard Real Estate ETF were worth $1,092,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC increased its holdings in shares of 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 valued at $1,254,761,000 after acquiring an additional 2,064,842 shares in the last quarter. State of New Jersey Common Pension Fund D increased 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 valued at $778,542,000 after acquiring an additional 4,013,382 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Real Estate ETF by 0.3% during the first quarter. Wealthfront Advisers LLC now owns 8,561,435 shares of the exchange traded fund’s stock valued at $775,152,000 after acquiring an additional 26,397 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of 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 valued at $425,194,000 after acquiring an additional 1,178,304 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec acquired a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at about $299,211,000. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Up 0.6%

VNQ opened at $89.67 on Friday. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.58. The company has a market cap of $33.62 billion, a P/E ratio of 35.58 and a beta of 0.91. The firm’s 50-day moving average price is $89.93 and its 200-day moving average price is $89.51.

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.