9,543 Shares in Vanguard Real Estate ETF $VNQ Acquired by Peirce Capital Management LLC

Peirce Capital Management LLC purchased a new position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 9,543 shares of the exchange traded fund’s stock, valued at approximately $850,000. Vanguard Real Estate ETF makes up 0.4% of Peirce Capital Management LLC’s investment portfolio, making the stock its 25th biggest position.

Several other large investors have also recently made changes to their positions in VNQ. State of New Jersey Common Pension Fund D grew its stake in Vanguard Real Estate ETF by 87.5% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 8,598,869 shares of the exchange traded fund’s stock valued at $778,542,000 after acquiring an additional 4,013,382 shares in the last quarter. BNP Paribas Financial Markets grew its stake in Vanguard Real Estate ETF by 458.2% during the 1st quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock valued at $294,480,000 after acquiring an additional 2,669,771 shares in the last quarter. Empower Advisory Group LLC grew its stake in Vanguard Real Estate ETF by 17.5% during the 1st quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock valued at $1,254,761,000 after acquiring an additional 2,064,842 shares in the last quarter. Goldman Sachs Group Inc. grew its stake in Vanguard Real Estate ETF by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after acquiring an additional 1,178,304 shares in the last quarter. Finally, Citigroup Inc. grew its stake in Vanguard Real Estate ETF by 1,384.8% during the 1st quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock valued at $79,641,000 after acquiring an additional 820,378 shares in the last quarter. 60.03% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Down 0.5%

Shares of NYSEARCA VNQ opened at $92.81 on Monday. Vanguard Real Estate ETF has a 12-month low of $76.92 and a 12-month high of $99.58. The stock has a market cap of $34.79 billion, a PE ratio of 35.58 and a beta of 0.91. The company has a 50-day moving average of $90.58 and a 200 day moving average of $89.46.

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.