Fairfield University Raises Stock Position in Vanguard Real Estate ETF $VNQ

Fairfield University boosted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.0% in the second quarter, HoldingsChannel.com reports. The firm owned 209,555 shares of the exchange traded fund’s stock after buying an additional 2,035 shares during the period. Vanguard Real Estate ETF accounts for about 10.3% of Fairfield University’s investment portfolio, making the stock its 2nd largest holding. Fairfield University’s holdings in Vanguard Real Estate ETF were worth $18,663,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Empower Advisory Group LLC grew its position in shares of Vanguard Real Estate ETF by 4.2% in the 2nd quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock valued at $1,285,684,000 after buying an additional 577,515 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard Real Estate ETF by 5.4% during 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 acquiring an additional 492,425 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock worth $781,786,000 after acquiring an additional 216,763 shares during the period. State of New Jersey Common Pension Fund D boosted its holdings 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 valued at $778,542,000 after acquiring an additional 4,013,382 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in Vanguard Real Estate ETF by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after purchasing an additional 1,178,304 shares during the period. 60.03% of the stock is owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $89.21 on Wednesday. The company’s 50 day moving average price is $90.71 and its 200-day moving average price is $90.19. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The company has a market capitalization of $33.65 billion, a P/E 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.