Magnolia Wealth Management LLC Decreases Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Magnolia Wealth Management LLC trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 44.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 99,235 shares of the exchange traded fund’s stock after selling 79,194 shares during the quarter. Vanguard Real Estate ETF makes up approximately 6.3% of Magnolia Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Magnolia Wealth Management LLC’s holdings in Vanguard Real Estate ETF were worth $8,312,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted 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 valued at $861,217,000 after acquiring an additional 4,547,415 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University bought a new stake in Vanguard Real Estate ETF during the fourth quarter valued at approximately $150,204,000. Beacon Capital Management Inc. grew 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 worth $157,952,000 after buying an additional 1,283,964 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of 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 worth $118,275,000 after buying an additional 1,080,371 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of 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 worth $107,427,000 after buying an additional 826,971 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 0.1 %

Shares of NYSEARCA VNQ traded down $0.05 during mid-day trading on Friday, reaching $91.33. 2,237,052 shares of the company were exchanged, compared to its average volume of 4,289,203. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $92.13. The company’s 50 day moving average price is $86.99 and its 200 day moving average price is $84.76. The stock has a market capitalization of $35.95 billion, a PE ratio of 22.09 and a beta of 1.03.

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.