Bank Julius Baer & Co. Ltd Zurich Trims Stock Holdings in Vanguard Real Estate ETF $VNQ

Bank Julius Baer & Co. Ltd Zurich lowered its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 9.8% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,540 shares of the exchange traded fund’s stock after selling 2,445 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in Vanguard Real Estate ETF were worth $2,007,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of VNQ. Atlantic Union Bankshares Corp purchased a new position in Vanguard Real Estate ETF during the 2nd quarter valued at about $585,000. Allworth Financial LP increased its stake in Vanguard Real Estate ETF by 179.5% during the second quarter. Allworth Financial LP now owns 77,106 shares of the exchange traded fund’s stock worth $6,867,000 after purchasing an additional 49,516 shares during the period. Cullen Frost Bankers Inc. boosted its stake in shares of Vanguard Real Estate ETF by 365.3% in the second quarter. Cullen Frost Bankers Inc. now owns 1,340 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 1,052 shares during the period. Kerntke Otto McGlone Wealth Management Group boosted its stake in shares of Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after purchasing an additional 285 shares during the period. Finally, Sovereign Financial Group Inc. grew its holdings in shares of Vanguard Real Estate ETF by 1.9% in the second quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock valued at $553,000 after purchasing an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 1.6%

Vanguard Real Estate ETF stock opened at $89.57 on Friday. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The firm has a market cap of $33.79 billion, a PE ratio of 35.58 and a beta of 1.03. The company’s 50 day moving average is $90.49 and its two-hundred day moving average is $90.17.

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.