Vanguard Real Estate ETF $VNQ Stock Position Raised by Sage Financial Group Inc.

Sage Financial Group Inc. raised its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). 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 about 1.6% of Sage Financial Group Inc.’s investment portfolio, making the stock its 12th largest position. Sage Financial Group Inc. owned approximately 0.08% of Vanguard Real Estate ETF worth $29,412,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Wealthfront Advisers LLC raised its position in shares of Vanguard Real Estate ETF by 0.3% during the 1st quarter. Wealthfront Advisers LLC now owns 10,070,180 shares of the exchange traded fund’s stock valued at $893,225,000 after purchasing an additional 30,853 shares during the period. Bank of New York Mellon Corp boosted its holdings in Vanguard Real Estate ETF by 27.3% in the 1st quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after buying an additional 736,312 shares during the period. Cetera Investment Advisers increased its stake in Vanguard Real Estate ETF by 13.3% in the 1st quarter. Cetera Investment Advisers now owns 2,362,887 shares of the exchange traded fund’s stock worth $209,588,000 after buying an additional 278,151 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Real Estate ETF by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,209,295 shares of the exchange traded fund’s stock worth $213,042,000 after buying an additional 54,884 shares in the last quarter. Finally, Fifth Third Bancorp increased its stake in Vanguard Real Estate ETF by 11.6% in the 1st quarter. Fifth Third Bancorp now owns 1,677,694 shares of the exchange traded fund’s stock worth $148,811,000 after buying an additional 174,384 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $92.39 on Wednesday. The stock has a fifty day simple moving average of $93.49 and a two-hundred day simple moving average of $94.50. The firm has a market capitalization of $37.06 billion, a PE ratio of 35.58 and a beta of 0.97. Vanguard Real Estate ETF has a 52-week low of $86.84 and a 52-week high of $101.80.

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.