Sovereign Financial Group Inc. Purchases 114 Shares of Vanguard Real Estate ETF $VNQ

Sovereign Financial Group Inc. lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,212 shares of the exchange traded fund’s stock after purchasing an additional 114 shares during the period. Sovereign Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VNQ. State of New Jersey Common Pension Fund D grew its holdings in shares of Vanguard Real Estate ETF by 87.5% during the first quarter. State of New Jersey Common Pension Fund D now owns 8,598,869 shares of the exchange traded fund’s stock worth $778,542,000 after purchasing an additional 4,013,382 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Vanguard Real Estate ETF by 458.2% during the first quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock worth $294,480,000 after purchasing an additional 2,669,771 shares during the last quarter. Empower Advisory Group LLC lifted its stake in shares of Vanguard Real Estate ETF by 17.5% in the first quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock worth $1,254,761,000 after acquiring an additional 2,064,842 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Vanguard Real Estate ETF by 33.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock worth $425,194,000 after acquiring an additional 1,178,304 shares during the period. Finally, Citigroup Inc. lifted its stake in shares of Vanguard Real Estate ETF by 1,384.8% in the first quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock worth $79,641,000 after acquiring an additional 820,378 shares during the period. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $88.13 on Monday. The stock’s 50 day moving average is $90.92 and its 200 day moving average is $89.41. The firm has a market cap of $33.25 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.20.

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.