Cardinal Point Capital Management ULC Purchases 2,220 Shares of Vanguard Real Estate ETF $VNQ

Cardinal Point Capital Management ULC grew its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 41.1% in the second quarter, HoldingsChannel.com reports. The fund owned 7,628 shares of the exchange traded fund’s stock after buying an additional 2,220 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in Vanguard Real Estate ETF were worth $679,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of VNQ. State of New Jersey Common Pension Fund D raised its position in Vanguard Real Estate ETF by 87.5% in the 1st quarter. State of New Jersey Common Pension Fund D now owns 8,598,869 shares of the exchange traded fund’s stock worth $778,542,000 after purchasing an additional 4,013,382 shares during the last quarter. BNP Paribas Financial Markets raised its position in Vanguard Real Estate ETF by 458.2% in the 1st quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock worth $294,480,000 after purchasing an additional 2,669,771 shares during the last quarter. Empower Advisory Group LLC raised its position in Vanguard Real Estate ETF by 17.5% in the 1st quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock worth $1,254,761,000 after purchasing an additional 2,064,842 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Vanguard Real Estate ETF by 33.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock worth $425,194,000 after purchasing an additional 1,178,304 shares during the last quarter. Finally, Citigroup Inc. raised its position in Vanguard Real Estate ETF by 1,384.8% in the 1st quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock worth $79,641,000 after purchasing an additional 820,378 shares during the last quarter. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Price Performance

VNQ stock opened at $92.16 on Friday. The company has a 50 day moving average price of $91.20 and a 200 day moving average price of $89.58. The stock has a market capitalization of $34.77 billion, a PE ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a fifty-two week low of $76.92 and a fifty-two week high of $99.20.

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.