Principal Financial Group Inc. Decreases Stock Position in Vanguard Real Estate ETF $VNQ

Principal Financial Group Inc. trimmed its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 13.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 268,001 shares of the exchange traded fund’s stock after selling 40,677 shares during the quarter. Principal Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $24,501,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VNQ. Fiducient Advisors LLC increased its holdings in Vanguard Real Estate ETF by 144.8% in the third quarter. Fiducient Advisors LLC now owns 13,060 shares of the exchange traded fund’s stock valued at $1,194,000 after buying an additional 7,725 shares in the last quarter. Atlantic Union Bankshares Corp acquired a new stake in shares of Vanguard Real Estate ETF in the 2nd quarter worth approximately $585,000. Gould Asset Management LLC CA increased its stake in Vanguard Real Estate ETF by 3.9% in the 3rd quarter. Gould Asset Management LLC CA now owns 161,662 shares of the exchange traded fund’s stock valued at $14,779,000 after purchasing an additional 6,034 shares in the last quarter. Allworth Financial LP raised its holdings in Vanguard Real Estate ETF by 179.5% during the second quarter. Allworth Financial LP now owns 77,106 shares of the exchange traded fund’s stock worth $6,867,000 after purchasing an additional 49,516 shares during the last quarter. Finally, Chandler Asset Management Inc. raised its holdings in Vanguard Real Estate ETF by 4.6% during the third quarter. Chandler Asset Management Inc. now owns 397,448 shares of the exchange traded fund’s stock worth $36,335,000 after purchasing an additional 17,595 shares during the last quarter. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Performance

Vanguard Real Estate ETF stock opened at $92.25 on Friday. The firm has a market capitalization of $35.33 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $94.95. The stock’s fifty day moving average is $89.80 and its two-hundred day moving average is $90.34.

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.