Vanguard Real Estate ETF $VNQ Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 369,145 shares of the exchange traded fund’s stock after selling 40,164 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $32,876,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. State of New Jersey Common Pension Fund D increased its position in Vanguard Real Estate ETF by 87.5% during the 1st 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 purchasing an additional 4,013,382 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Vanguard Real Estate ETF by 458.2% during the first quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock valued at $294,480,000 after buying an additional 2,669,771 shares in the last quarter. Empower Advisory Group LLC grew its stake 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 period. Goldman Sachs Group Inc. grew its stake 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 period. Finally, Citigroup Inc. increased its position in shares of Vanguard Real Estate ETF by 1,384.8% in the first quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock worth $79,641,000 after acquiring an additional 820,378 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Up 0.4%

NYSEARCA:VNQ opened at $91.42 on Monday. The firm’s fifty day simple moving average is $90.96 and its 200 day simple moving average is $89.44. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20. The firm has a market capitalization of $34.23 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91.

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.