Biltmore Family Office LLC Has $4.20 Million Position in Vanguard Real Estate ETF $VNQ

Biltmore Family Office LLC lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 19.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,136 shares of the exchange traded fund’s stock after buying an additional 7,604 shares during the period. Vanguard Real Estate ETF comprises about 0.7% of Biltmore Family Office LLC’s investment portfolio, making the stock its 26th largest holding. Biltmore Family Office LLC’s holdings in Vanguard Real Estate ETF were worth $4,198,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Empower Advisory Group LLC boosted its position in shares of Vanguard Real Estate ETF by 17.5% during the first quarter. Empower Advisory Group LLC now owns 13,858,639 shares of the exchange traded fund’s stock worth $1,254,761,000 after buying an additional 2,064,842 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard Real Estate ETF by 5.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 9,543,037 shares of the exchange traded fund’s stock worth $864,026,000 after buying an additional 492,425 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of Vanguard Real Estate ETF by 2.5% during the 2nd quarter. Wealthfront Advisers LLC now owns 8,778,198 shares of the exchange traded fund’s stock worth $781,786,000 after buying an additional 216,763 shares during the last quarter. State of New Jersey Common Pension Fund D boosted its stake in shares of Vanguard Real Estate ETF by 87.5% during 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 buying an additional 4,013,382 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Vanguard Real Estate ETF by 33.5% during 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 buying an additional 1,178,304 shares during the last quarter. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Vanguard Real Estate ETF stock opened at $90.87 on Wednesday. The firm has a 50-day moving average of $91.34 and a 200-day moving average of $89.89. Vanguard Real Estate ETF has a one year low of $76.92 and a one year high of $99.20. The company has a market cap of $34.28 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

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.