Montag A & Associates Inc. Trims Holdings in Vanguard Real Estate ETF $VNQ

Montag A & Associates Inc. reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.2% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,607 shares of the exchange traded fund’s stock after selling 778 shares during the quarter. Montag A & Associates Inc.’s holdings in Vanguard Real Estate ETF were worth $2,102,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Empower Advisory Group LLC boosted its position in shares of Vanguard Real Estate ETF by 17.5% during 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 buying an additional 2,064,842 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Real Estate ETF by 5.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,543,037 shares of the exchange traded fund’s stock valued at $864,026,000 after buying an additional 492,425 shares during the period. Wealthfront Advisers LLC lifted its stake in Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock worth $781,786,000 after acquiring an additional 216,763 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its holdings in Vanguard Real Estate ETF by 87.5% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 8,598,869 shares of the exchange traded fund’s stock valued at $778,542,000 after acquiring an additional 4,013,382 shares during the period. Finally, Goldman Sachs Group Inc. boosted its holdings in Vanguard Real Estate ETF by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after acquiring an additional 1,178,304 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

NYSEARCA VNQ opened at $91.19 on Wednesday. The company has a market cap of $34.40 billion, a P/E ratio of 35.58 and a beta of 1.03. The stock has a 50-day moving average of $90.93 and a two-hundred day moving average of $90.15. Vanguard Real Estate ETF has a 1-year low of $76.92 and a 1-year high of $99.20.

Vanguard Real Estate ETF 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.