Principal Financial Group Inc. Decreases Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Principal Financial Group Inc. trimmed its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 46.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 365,851 shares of the exchange traded fund’s stock after selling 319,460 shares during the period. Principal Financial Group Inc. owned 0.09% of Vanguard Real Estate ETF worth $32,590,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in VNQ. Allspring Global Investments Holdings LLC increased its holdings in Vanguard Real Estate ETF by 37,980.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 116,907 shares of the exchange traded fund’s stock worth $11,389,000 after purchasing an additional 116,600 shares during the last quarter. Foundations Investment Advisors LLC increased its holdings in Vanguard Real Estate ETF by 19.1% during the 3rd quarter. Foundations Investment Advisors LLC now owns 5,047 shares of the exchange traded fund’s stock worth $492,000 after purchasing an additional 810 shares during the last quarter. Signaturefd LLC increased its holdings in Vanguard Real Estate ETF by 47.0% during the 3rd quarter. Signaturefd LLC now owns 1,395 shares of the exchange traded fund’s stock worth $136,000 after purchasing an additional 446 shares during the last quarter. Eastern Bank purchased a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $26,000. Finally, International Assets Investment Management LLC increased its holdings in Vanguard Real Estate ETF by 17,050.2% during the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock worth $348,272,000 after purchasing an additional 3,554,112 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 1.0 %

VNQ stock opened at $91.64 on Friday. Vanguard Real Estate ETF has a 52-week low of $78.27 and a 52-week high of $99.58. The stock’s 50 day moving average is $90.02 and its two-hundred day moving average is $93.44. The company has a market capitalization of $36.07 billion, a PE ratio of 22.09 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.