Vanguard Real Estate ETF $VNQ Position Trimmed by Hsbc Holdings PLC

Hsbc Holdings PLC reduced its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 22.1% in the 4th quarter, HoldingsChannel.com reports. The firm owned 65,283 shares of the exchange traded fund’s stock after selling 18,482 shares during the quarter. Hsbc Holdings PLC’s holdings in Vanguard Real Estate ETF were worth $5,777,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp boosted its holdings 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 worth $141,864,000 after purchasing an additional 1,402,196 shares in the last quarter. Corient Private Wealth LLC grew its holdings in Vanguard Real Estate ETF by 97.2% in the 2nd quarter. Corient Private Wealth LLC now owns 2,220,304 shares of the exchange traded fund’s stock valued at $197,740,000 after buying an additional 1,094,540 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Real Estate ETF by 9.4% during the fourth 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 acquiring an additional 1,033,999 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of Vanguard Real Estate ETF by 7.4% during the 4th quarter. Wealthfront Advisers LLC now owns 10,039,327 shares of the exchange traded fund’s stock worth $888,380,000 after purchasing an additional 695,474 shares during the period. Finally, Caisse de depot et placement du Quebec grew its position in Vanguard Real Estate ETF by 79.8% during the third quarter. Caisse de depot et placement du Quebec now owns 1,223,000 shares of the exchange traded fund’s stock worth $111,807,000 after buying an additional 542,700 shares in the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Up 0.3%

Vanguard Real Estate ETF stock opened at $97.09 on Friday. The business has a 50 day moving average price of $96.57 and a two-hundred day moving average price of $93.50. The stock has a market cap of $38.47 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 12 month low of $86.84 and a 12 month high of $99.15.

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.