Envestnet Asset Management Inc. Has $205.05 Million Stake in Vanguard Real Estate ETF $VNQ

Envestnet Asset Management Inc. trimmed its position in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 14.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,302,472 shares of the exchange traded fund’s stock after selling 388,398 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard Real Estate ETF were worth $205,048,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of VNQ. Brighton Jones LLC raised its stake in shares of Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after purchasing an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC raised its stake in Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after acquiring an additional 5,532 shares in the last quarter. GAMMA Investing LLC raised its stake in Vanguard Real Estate ETF by 27.8% during the first quarter. GAMMA Investing LLC now owns 547 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 119 shares in the last quarter. Golden State Wealth Management LLC raised its stake in Vanguard Real Estate ETF by 45.5% during the first quarter. Golden State Wealth Management LLC now owns 675 shares of the exchange traded fund’s stock worth $61,000 after acquiring an additional 211 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Vanguard Real Estate ETF by 100.0% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,000 shares of the exchange traded fund’s stock worth $179,000 after acquiring an additional 1,000 shares in the last quarter. 60.03% of the stock is currently owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $92.69 on Tuesday. The stock has a fifty day moving average price of $91.33 and a two-hundred day moving average price of $89.83. Vanguard Real Estate ETF has a 52-week low of $76.92 and a 52-week high of $99.20. The firm has a market capitalization of $34.97 billion, a P/E ratio of 35.58 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.