Sumitomo Mitsui Trust Group Inc. Lowers Position in Vanguard Real Estate ETF $VNQ

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 159,807 shares of the exchange traded fund’s stock after selling 9,642 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Vanguard Real Estate ETF were worth $14,610,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Empower Advisory Group LLC grew its stake in Vanguard Real Estate ETF by 4.2% in the 2nd quarter. Empower Advisory Group LLC now owns 14,436,154 shares of the exchange traded fund’s stock worth $1,285,684,000 after buying an additional 577,515 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Real Estate ETF by 6.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 10,113,178 shares of the exchange traded fund’s stock worth $900,680,000 after acquiring an additional 570,141 shares during the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock worth $781,786,000 after acquiring an additional 216,763 shares during the last quarter. Gallagher Fiduciary Advisors LLC grew its position in Vanguard Real Estate ETF by 8,739.3% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 5,717,725 shares of the exchange traded fund’s stock worth $509,221,000 after acquiring an additional 5,653,040 shares in the last quarter. Finally, Prudential Financial Inc. increased its stake in Vanguard Real Estate ETF by 2.0% in the second quarter. Prudential Financial Inc. now owns 4,256,152 shares of the exchange traded fund’s stock valued at $379,053,000 after acquiring an additional 82,520 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

Vanguard Real Estate ETF Stock Up 1.2%

NYSEARCA VNQ opened at $92.62 on Friday. The stock’s 50-day simple moving average is $89.56 and its two-hundred day simple moving average is $90.25. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $94.95. The company has a market capitalization of $35.47 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.