Connecticut Wealth Management LLC Boosts Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Connecticut Wealth Management LLC grew its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.9% during the 2nd quarter, Holdings Channel reports. The firm owned 100,770 shares of the exchange traded fund’s stock after purchasing an additional 2,831 shares during the quarter. Connecticut Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $8,441,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in 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 in the last quarter. Board of Trustees of The Leland Stanford Junior University purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth approximately $150,204,000. Beacon Capital Management Inc. raised its stake in 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 purchasing an additional 1,283,964 shares during the last quarter. Cetera Investment Advisers lifted its holdings in Vanguard Real Estate ETF by 376.1% in the 1st quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock valued at $118,275,000 after purchasing an additional 1,080,371 shares in the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in Vanguard Real Estate ETF by 199.2% in 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 in the last quarter.

Vanguard Real Estate ETF Stock Down 0.4 %

Vanguard Real Estate ETF stock opened at $97.79 on Friday. The company has a fifty day simple moving average of $92.83 and a 200-day simple moving average of $86.70. The firm has a market capitalization of $38.49 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 $99.58.

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.