Vanguard Real Estate ETF $VNQ Stock: Sumitomo Mitsui Trust Group Inc. Cuts Stake

Sumitomo Mitsui Trust Group Inc. trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 18.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 87,751 shares of the exchange traded fund’s stock after selling 20,491 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Vanguard Real Estate ETF were worth $7,865,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Vanguard Real Estate ETF in the third quarter worth about $1,152,000. Vise Technologies Inc. boosted its position in shares of Vanguard Real Estate ETF by 20.2% during the third quarter. Vise Technologies Inc. now owns 65,951 shares of the exchange traded fund’s stock worth $5,911,000 after acquiring an additional 11,066 shares during the last quarter. Investment Partners LTD. bought a new position in shares of Vanguard Real Estate ETF during the third quarter worth $3,670,000. Summit Global Investments boosted its position in shares of Vanguard Real Estate ETF by 11.4% during the third quarter. Summit Global Investments now owns 6,852 shares of the exchange traded fund’s stock worth $614,000 after acquiring an additional 701 shares during the last quarter. Finally, MGO One Seven LLC grew its stake in Vanguard Real Estate ETF by 5.0% during the third quarter. MGO One Seven LLC now owns 47,898 shares of the exchange traded fund’s stock valued at $4,293,000 after acquiring an additional 2,291 shares in the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.5%

NYSEARCA VNQ traded down $0.50 on Friday, reaching $95.73. The company had a trading volume of 3,642,473 shares, compared to its average volume of 3,741,682. The stock has a market capitalization of $38.34 billion, a PE ratio of 35.58 and a beta of 0.95. The firm’s 50 day moving average price is $92.92 and its 200 day moving average price is $94.67. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month 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.