Austin Asset Management Co Inc Acquires 15,333 Shares of Vanguard Real Estate ETF $VNQ

Austin Asset Management Co Inc lifted its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,628 shares of the exchange traded fund’s stock after purchasing an additional 15,333 shares during the period. Vanguard Real Estate ETF comprises about 3.5% of Austin Asset Management Co Inc’s holdings, making the stock its 7th largest holding. Austin Asset Management Co Inc owned about 0.06% of Vanguard Real Estate ETF worth $20,989,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. First Interstate Bank grew its stake in shares of Vanguard Real Estate ETF by 6.5% during the first quarter. First Interstate Bank now owns 4,611 shares of the exchange traded fund’s stock worth $409,000 after purchasing an additional 281 shares in the last quarter. Frankly Finances LLC raised its position in shares of Vanguard Real Estate ETF by 12.2% during the 1st quarter. Frankly Finances LLC now owns 25,084 shares of the exchange traded fund’s stock worth $2,225,000 after acquiring an additional 2,729 shares in the last quarter. Bluestem Financial Advisors LLC lifted its stake in Vanguard Real Estate ETF by 0.7% during the first quarter. Bluestem Financial Advisors LLC now owns 156,811 shares of the exchange traded fund’s stock worth $13,909,000 after purchasing an additional 1,079 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in Vanguard Real Estate ETF by 5.3% during the first quarter. Axxcess Wealth Management LLC now owns 40,636 shares of the exchange traded fund’s stock worth $3,604,000 after purchasing an additional 2,042 shares during the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in Vanguard Real Estate ETF by 1.3% in the first quarter. Montag A & Associates Inc. now owns 23,704 shares of the exchange traded fund’s stock valued at $2,103,000 after purchasing an additional 293 shares in the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 1.6%

Shares of Vanguard Real Estate ETF stock opened at $96.80 on Thursday. The firm has a market capitalization of $38.36 billion, a P/E ratio of 35.58 and a beta of 0.98. Vanguard Real Estate ETF has a 52 week low of $86.84 and a 52 week high of $99.15. The firm’s 50 day moving average is $96.55 and its two-hundred day moving average is $93.44.

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.