Vanguard Real Estate ETF $VNQ Shares Acquired by Sage Financial Group Inc.

Sage Financial Group Inc. grew its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 328,144 shares of the exchange traded fund’s stock after purchasing an additional 22,298 shares during the quarter. Vanguard Real Estate ETF accounts for 1.6% of Sage Financial Group Inc.’s holdings, making the stock its 12th largest position. Sage Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $29,412,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Evergreen Capital Management LLC purchased a new position in shares of Vanguard Real Estate ETF in the third quarter worth $70,491,000. Capital Investment Advisors LLC purchased a new position in Vanguard Real Estate ETF during the third quarter valued at $69,576,000. Bank of New York Mellon Corp grew its stake in Vanguard Real Estate ETF by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock valued at $304,365,000 after acquiring an additional 736,312 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in Vanguard Real Estate ETF during the third quarter valued at $43,317,000. Finally, Cetera Investment Advisers grew its stake in Vanguard Real Estate ETF by 13.3% during the first quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock valued at $209,588,000 after acquiring an additional 278,151 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Shares of NYSEARCA VNQ opened at $92.39 on Wednesday. The company has a market cap of $37.06 billion, a P/E ratio of 35.58 and a beta of 0.97. The firm’s fifty day moving average is $93.49 and its two-hundred day moving average is $94.50. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.