Vanguard Real Estate ETF $VNQ is SVRN Asset Management LLC’s 9th Largest Position

SVRN Asset Management LLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 11.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,234 shares of the exchange traded fund’s stock after selling 6,258 shares during the quarter. Vanguard Real Estate ETF makes up approximately 2.3% of SVRN Asset Management LLC’s investment portfolio, making the stock its 9th largest position. SVRN Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $4,555,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in VNQ. State Street Corp increased its position in shares of Vanguard Real Estate ETF by 735.3% during the 2nd 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 during the last quarter. Corient Private Wealth LLC lifted its position in Vanguard Real Estate ETF by 97.2% in the second 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. lifted its position in Vanguard Real Estate ETF by 9.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,994,193 shares of the exchange traded fund’s stock valued at $1,061,366,000 after buying an additional 1,033,999 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in Vanguard Real Estate ETF by 27.3% during the first quarter. Bank of New York Mellon Corp now owns 3,431,398 shares of the exchange traded fund’s stock worth $304,365,000 after buying an additional 736,312 shares during the period. Finally, Caisse de depot et placement du Quebec increased its position in shares of 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 valued at $111,807,000 after acquiring an additional 542,700 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

Shares of VNQ opened at $96.02 on Friday. The firm has a 50-day simple moving average of $98.23 and a two-hundred day simple moving average of $95.78. The stock has a market cap of $38.05 billion, a PE ratio of 35.58 and a beta of 0.96. Vanguard Real Estate ETF has a 1-year low of $86.84 and a 1-year high of $101.80.

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.