Frontier Asset Management LLC Increases Stock Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Frontier Asset Management LLC boosted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 0.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,398 shares of the exchange traded fund’s stock after buying an additional 290 shares during the quarter. Vanguard Real Estate ETF makes up 1.7% of Frontier Asset Management LLC’s holdings, making the stock its 17th biggest position. Frontier Asset Management LLC’s holdings in Vanguard Real Estate ETF were worth $4,640,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VNQ. Goldman Sachs Group Inc. raised its stake in shares of Vanguard Real Estate ETF by 87.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after buying an additional 4,547,415 shares during the period. Bank of New York Mellon Corp raised its position in Vanguard Real Estate ETF by 0.5% during the second quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock worth $187,546,000 after acquiring an additional 10,732 shares during the period. Beacon Capital Management Inc. lifted its holdings in Vanguard Real Estate ETF by 223.8% during the first quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock valued at $157,952,000 after purchasing an additional 1,283,964 shares in the last quarter. Board of Trustees of The Leland Stanford Junior University acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $150,204,000. Finally, Pure Financial Advisors LLC increased its stake in shares of Vanguard Real Estate ETF by 7.3% during the second quarter. Pure Financial Advisors LLC now owns 1,583,615 shares of the exchange traded fund’s stock worth $132,644,000 after purchasing an additional 107,519 shares in the last quarter.

Vanguard Real Estate ETF Stock Up 1.4 %

VNQ opened at $97.39 on Wednesday. Vanguard Real Estate ETF has a twelve month low of $70.61 and a twelve month high of $97.43. The company has a market cap of $38.33 billion, a PE ratio of 22.09 and a beta of 1.03. The company has a 50-day moving average price of $90.66 and a 200 day moving average price of $86.00.

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.