Sage Financial Group Inc. Acquires 14,413 Shares of Vanguard Real Estate ETF $VNQ

Sage Financial Group Inc. raised its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 7.4% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 209,201 shares of the exchange traded fund’s stock after acquiring an additional 14,413 shares during the quarter. Vanguard Real Estate ETF comprises 1.4% of Sage Financial Group Inc.’s portfolio, making the stock its 12th biggest holding. Sage Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $18,631,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in VNQ. Reyes Financial Architecture Inc. grew its position in shares of Vanguard Real Estate ETF by 405.5% in the second quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 296 shares during the last quarter. Aberdeen Wealth Management LLC bought a new position in Vanguard Real Estate ETF in the 1st quarter worth approximately $40,000. Anderson Financial Strategies LLC acquired a new position in shares of Vanguard Real Estate ETF during the first quarter worth approximately $41,000. Olistico Wealth LLC bought a new stake in shares of Vanguard Real Estate ETF in the first quarter valued at approximately $44,000. Finally, CX Institutional grew its stake in shares of Vanguard Real Estate ETF by 133.6% in the second quarter. CX Institutional now owns 493 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 282 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Trading Up 0.4%

Shares of VNQ stock opened at $91.42 on Monday. The firm has a market capitalization of $34.23 billion, a P/E ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.20. The firm’s fifty day simple moving average is $90.96 and its 200 day simple moving average is $89.44.

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.