Sumitomo Mitsui Trust Group Inc. Decreases Stock Holdings in Vanguard Real Estate ETF $VNQ

Sumitomo Mitsui Trust Group Inc. trimmed its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,270 shares of the exchange traded fund’s stock after selling 29,795 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Vanguard Real Estate ETF were worth $9,958,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its holdings in Vanguard Real Estate ETF by 59.4% in the 4th quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock worth $2,740,000 after buying an additional 11,469 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock valued at $677,000 after buying an additional 5,532 shares during the period. AQR Capital Management LLC raised its holdings in shares of Vanguard Real Estate ETF by 17.5% during the first quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after acquiring an additional 1,284 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Vanguard Real Estate ETF by 84.9% during the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 2,222 shares in the last quarter. Finally, State Street Corp lifted its stake in Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after acquiring an additional 1,402,196 shares during the period. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Down 0.3%

Shares of VNQ stock opened at $97.57 on Wednesday. The firm has a market capitalization of $38.66 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The stock has a fifty day moving average of $96.69 and a 200 day moving average of $93.70. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15.

About Vanguard Real Estate ETF

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.