Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock Position Lifted by Narwhal Capital Management

Narwhal Capital Management raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 51,806 shares of the exchange traded fund’s stock after purchasing an additional 1,388 shares during the quarter. Narwhal Capital Management’s holdings in Vanguard Real Estate ETF were worth $4,339,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNQ. Goldman Sachs Group Inc. raised its holdings in shares of Vanguard Real Estate ETF by 87.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after acquiring an additional 4,547,415 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Vanguard Real Estate ETF by 0.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock worth $187,546,000 after purchasing an additional 10,732 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vanguard Real Estate ETF by 59.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,887,119 shares of the exchange traded fund’s stock valued at $166,746,000 after buying an additional 705,607 shares during the last quarter. Beacon Capital Management Inc. grew its stake in shares of Vanguard Real Estate ETF by 223.8% in the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock valued at $157,952,000 after buying an additional 1,283,964 shares in the last quarter. Finally, Board of Trustees of The Leland Stanford Junior University bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at approximately $150,204,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ opened at $94.96 on Friday. The firm has a market cap of $37.38 billion, a PE ratio of 22.09 and a beta of 1.03. The firm’s 50 day moving average price is $90.12 and its 200 day moving average price is $85.82. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $96.23.

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.