Vanguard Real Estate ETF $VNQ is Austin Asset Management Co Inc’s 6th Largest Position

Austin Asset Management Co Inc raised its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 208,246 shares of the exchange traded fund’s stock after buying an additional 6,538 shares during the quarter. Vanguard Real Estate ETF makes up approximately 3.8% of Austin Asset Management Co Inc’s portfolio, making the stock its 6th biggest holding. Austin Asset Management Co Inc’s holdings in Vanguard Real Estate ETF were worth $18,546,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Allspring Global Investments Holdings LLC boosted its position in Vanguard Real Estate ETF by 65.5% during the first quarter. Allspring Global Investments Holdings LLC now owns 22,278 shares of the exchange traded fund’s stock worth $2,018,000 after acquiring an additional 8,816 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Vanguard Real Estate ETF by 27.8% in the 1st quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 119 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Vanguard Real Estate ETF by 100.0% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock valued at $179,000 after purchasing an additional 1,000 shares during the last quarter. Sowell Financial Services LLC raised its stake in shares of Vanguard Real Estate ETF by 3.9% in the 1st quarter. Sowell Financial Services LLC now owns 10,909 shares of the exchange traded fund’s stock valued at $988,000 after acquiring an additional 413 shares during the period. Finally, Kerntke Otto McGlone Wealth Management Group raised its stake in shares of Vanguard Real Estate ETF by 2.5% in the 2nd quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock valued at $1,059,000 after acquiring an additional 285 shares during the period. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Trading Down 0.5%

Shares of VNQ stock opened at $89.76 on Thursday. The company has a market cap of $33.61 billion, a PE ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 52 week low of $76.92 and a 52 week high of $99.20. The company’s fifty day simple moving average is $90.93 and its 200-day simple moving average is $89.45.

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.