MainStreet Investment Advisors LLC Reduces Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

MainStreet Investment Advisors LLC decreased its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,075 shares of the exchange traded fund’s stock after selling 2,996 shares during the quarter. MainStreet Investment Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $676,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. lifted its position in shares of Vanguard Real Estate ETF by 87.5% during 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 last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new position in shares of Vanguard Real Estate ETF in the 4th quarter valued at $150,204,000. Beacon Capital Management Inc. raised its stake in Vanguard Real Estate ETF by 223.8% during the 1st 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 in the last quarter. Cetera Investment Advisers lifted its position in Vanguard Real Estate ETF by 376.1% in the first quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock valued at $118,275,000 after acquiring an additional 1,080,371 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in Vanguard Real Estate ETF by 199.2% in the first quarter. BNP Paribas Financial Markets now owns 1,242,219 shares of the exchange traded fund’s stock valued at $107,427,000 after acquiring an additional 826,971 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $94.95 on Friday. The stock’s 50-day moving average is $90.12 and its two-hundred day moving average is $85.83. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $96.23. The firm has a market cap of $37.37 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.