Daiwa Securities Group Inc. Has $12.71 Million Position in Vanguard Real Estate ETF $VNQ

Daiwa Securities Group Inc. lessened its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 142,690 shares of the exchange traded fund’s stock after selling 24,020 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Vanguard Real Estate ETF were worth $12,708,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. DecisionPoint Financial LLC grew its stake in Vanguard Real Estate ETF by 3.9% during the 2nd quarter. DecisionPoint Financial LLC now owns 208,194 shares of the exchange traded fund’s stock valued at $18,677,000 after acquiring an additional 7,767 shares in the last quarter. SVB Wealth LLC acquired a new stake in shares of Vanguard Real Estate ETF during the second quarter worth approximately $1,347,000. Cary Street Partners Financial LLC grew its position in Vanguard Real Estate ETF by 57.0% during the second quarter. Cary Street Partners Financial LLC now owns 6,561 shares of the exchange traded fund’s stock valued at $584,000 after purchasing an additional 2,383 shares in the last quarter. PGIM Custom Harvest LLC increased its stake in Vanguard Real Estate ETF by 9.5% in the 2nd quarter. PGIM Custom Harvest LLC now owns 275,976 shares of the exchange traded fund’s stock valued at $24,578,000 after buying an additional 23,893 shares during the period. Finally, Idaho Trust Co increased its stake in Vanguard Real Estate ETF by 33.5% in the 2nd quarter. Idaho Trust Co now owns 63,430 shares of the exchange traded fund’s stock valued at $5,649,000 after buying an additional 15,921 shares during the period. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.4%

VNQ stock opened at $89.17 on Thursday. The company has a 50 day moving average of $90.11 and a two-hundred day moving average of $90.30. The company has a market cap of $33.64 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $95.13.

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.