Bank of New York Mellon Corp Sells 91,971 Shares of Vanguard Real Estate ETF $VNQ

Bank of New York Mellon Corp trimmed its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,680,129 shares of the exchange traded fund’s stock after selling 91,971 shares during the quarter. Bank of New York Mellon Corp’s holdings in Vanguard Real Estate ETF were worth $245,017,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Sovereign Financial Group Inc. boosted its position in shares of Vanguard Real Estate ETF by 1.9% during the second quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after acquiring an additional 114 shares during the last quarter. Trust Co. of Vermont lifted its stake in Vanguard Real Estate ETF by 1.4% in the 3rd quarter. Trust Co. of Vermont now owns 7,985 shares of the exchange traded fund’s stock worth $730,000 after purchasing an additional 114 shares in the last quarter. Auour Investments LLC boosted its holdings in shares of Vanguard Real Estate ETF by 4.7% during the 3rd quarter. Auour Investments LLC now owns 2,579 shares of the exchange traded fund’s stock valued at $236,000 after purchasing an additional 116 shares during the last quarter. Bartlett & CO. Wealth Management LLC grew its position in shares of Vanguard Real Estate ETF by 0.6% during the second quarter. Bartlett & CO. Wealth Management LLC now owns 18,569 shares of the exchange traded fund’s stock valued at $1,654,000 after purchasing an additional 117 shares in the last quarter. Finally, Wiser Advisor Group LLC increased its holdings in shares of Vanguard Real Estate ETF by 1.2% in the second quarter. Wiser Advisor Group LLC now owns 9,593 shares of the exchange traded fund’s stock worth $854,000 after purchasing an additional 117 shares during the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Trading Up 1.4%

NYSEARCA:VNQ opened at $90.71 on Friday. The business’s 50-day moving average is $89.78 and its 200 day moving average is $90.32. Vanguard Real Estate ETF has a 12 month low of $76.92 and a 12 month high of $94.95. The company has a market capitalization of $34.74 billion, a P/E 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.