Conning Inc. Decreases Holdings in Vanguard Real Estate ETF $VNQ

Conning Inc. lessened its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.5% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,350 shares of the exchange traded fund’s stock after selling 594 shares during the period. Conning Inc.’s holdings in Vanguard Real Estate ETF were worth $3,594,000 as of its most recent SEC filing.

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

Vanguard Real Estate ETF Stock Down 1.3%

VNQ opened at $88.13 on Friday. The company has a market capitalization of $33.25 billion, a price-to-earnings ratio of 35.58 and a beta of 0.91. The firm has a 50-day moving average price of $90.92 and a 200-day moving average price of $89.42. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20.

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.