Bay Colony Advisory Group Inc d b a Bay Colony Advisors Cuts Holdings in Vanguard Real Estate ETF $VNQ

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 19.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,811 shares of the exchange traded fund’s stock after selling 692 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Vanguard Real Estate ETF were worth $250,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. State of New Jersey Common Pension Fund D raised its position in 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 valued at $778,542,000 after purchasing an additional 4,013,382 shares during the period. BNP Paribas Financial Markets raised its position in 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 valued at $294,480,000 after purchasing an additional 2,669,771 shares during the period. Empower Advisory Group LLC raised its position in 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 valued at $1,254,761,000 after purchasing an additional 2,064,842 shares during the period. Goldman Sachs Group Inc. raised its position in 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 valued at $425,194,000 after purchasing an additional 1,178,304 shares during the period. Finally, Citigroup Inc. raised its position in 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 valued at $79,641,000 after purchasing an additional 820,378 shares during the period. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Price Performance

NYSEARCA:VNQ opened at $89.18 on Friday. The business’s 50-day moving average is $91.21 and its two-hundred day moving average is $89.97. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $99.20. The firm has a market capitalization of $33.64 billion, a PE ratio of 35.58 and a beta of 1.03.

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.