Cornerstone Select Advisors LLC Sells 1,864 Shares of Vanguard Real Estate ETF $VNQ

Cornerstone Select Advisors LLC lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 43.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,449 shares of the exchange traded fund’s stock after selling 1,864 shares during the quarter. Cornerstone Select Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $222,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. State of New Jersey Common Pension Fund D increased its holdings in 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 during the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new position in Vanguard Real Estate ETF during the fourth quarter worth $299,211,000. Empower Advisory Group LLC increased its holdings 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 buying an additional 2,064,842 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings 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 buying an additional 1,178,304 shares during the last quarter. Finally, Citigroup Inc. increased its holdings in Vanguard Real Estate ETF by 1,384.8% during the first quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock worth $79,641,000 after buying an additional 820,378 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.6%

Shares of VNQ opened at $89.67 on Monday. The company has a market cap of $33.62 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.58. The company’s fifty day simple moving average is $89.93 and its 200 day simple moving average is $89.50.

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.