Principal Financial Group Inc. Sells 19,940 Shares of Vanguard Real Estate ETF $VNQ

Principal Financial Group Inc. cut its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 392,376 shares of the exchange traded fund’s stock after selling 19,940 shares during the period. Principal Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $34,804,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. State Street Corp lifted its stake in Vanguard Real Estate ETF by 735.3% in the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock valued at $141,864,000 after buying an additional 1,402,196 shares during the period. Corient Private Wealth LLC grew its position in shares of Vanguard Real Estate ETF by 97.2% during the 2nd quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock worth $197,740,000 after buying an additional 1,094,540 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Real Estate ETF by 9.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock worth $1,061,366,000 after buying an additional 1,033,999 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Vanguard Real Estate ETF by 7.4% in the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock valued at $888,380,000 after acquiring an additional 695,474 shares during the last quarter. Finally, Caisse de depot et placement du Quebec increased its stake in shares of Vanguard Real Estate ETF by 79.8% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 1,223,000 shares of the exchange traded fund’s stock valued at $111,807,000 after acquiring an additional 542,700 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of NYSEARCA:VNQ opened at $100.02 on Friday. The company has a market capitalization of $39.63 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. The firm’s 50 day simple moving average is $96.85 and its 200 day simple moving average is $93.88. Vanguard Real Estate ETF has a fifty-two week low of $86.84 and a fifty-two week high of $101.08.

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.