Abound Wealth Management Reduces Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Abound Wealth Management decreased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.5% during the second quarter, HoldingsChannel.com reports. The firm owned 41,733 shares of the exchange traded fund’s stock after selling 1,051 shares during the quarter. Vanguard Real Estate ETF makes up about 1.3% of Abound Wealth Management’s holdings, making the stock its 14th biggest holding. Abound Wealth Management’s holdings in Vanguard Real Estate ETF were worth $3,503,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 87.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after buying an additional 4,547,415 shares during the period. Board of Trustees of The Leland Stanford Junior University purchased a new stake in Vanguard Real Estate ETF in the fourth quarter worth about $150,204,000. Beacon Capital Management Inc. lifted its stake in Vanguard Real Estate ETF by 223.8% in the first quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after acquiring an additional 1,283,964 shares during the period. Cetera Investment Advisers grew its holdings in Vanguard Real Estate ETF by 376.1% during the 1st quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock worth $118,275,000 after acquiring an additional 1,080,371 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its position in Vanguard Real Estate ETF by 199.2% during the 1st quarter. BNP Paribas Financial Markets now owns 1,242,219 shares of the exchange traded fund’s stock valued at $107,427,000 after purchasing an additional 826,971 shares during the period.

Vanguard Real Estate ETF Stock Up 1.0 %

Shares of NYSEARCA:VNQ opened at $98.64 on Monday. The firm has a 50 day moving average of $91.53 and a 200 day moving average of $86.29. The company has a market capitalization of $38.82 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $98.66.

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.