Johnson Financial Group LLC Sells 47,530 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Johnson Financial Group LLC lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 27.0% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 128,352 shares of the exchange traded fund’s stock after selling 47,530 shares during the period. Vanguard Real Estate ETF makes up 1.4% of Johnson Financial Group LLC’s holdings, making the stock its 9th biggest holding. Johnson Financial Group LLC’s holdings in Vanguard Real Estate ETF were worth $10,751,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. ORG Partners LLC purchased a new position in Vanguard Real Estate ETF in the second quarter worth approximately $26,000. Pathway Financial Advisers LLC acquired a new position in shares of Vanguard Real Estate ETF during the first quarter worth $28,000. Triad Wealth Partners LLC purchased a new position in Vanguard Real Estate ETF in the second quarter valued at $28,000. Fortis Group Advisors LLC raised its stake in Vanguard Real Estate ETF by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 334 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 167 shares in the last quarter. Finally, Pineridge Advisors LLC acquired a new position in shares of Vanguard Real Estate ETF during the 4th quarter worth about $33,000.

Vanguard Real Estate ETF Price Performance

Shares of VNQ traded down $0.09 during mid-day trading on Tuesday, reaching $95.04. The company’s stock had a trading volume of 376,402 shares, compared to its average volume of 4,224,640. The company’s 50 day moving average is $89.21 and its 200 day moving average is $85.54. The stock has a market cap of $37.41 billion, a PE ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 12-month low of $70.61 and a 12-month high of $95.37.

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.