Citigroup Inc. Buys 184,461 Shares of Vanguard Real Estate ETF $VNQ

Citigroup Inc. grew its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 21.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,064,081 shares of the exchange traded fund’s stock after acquiring an additional 184,461 shares during the period. Citigroup Inc. owned 0.28% of Vanguard Real Estate ETF worth $94,767,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Atlantic Union Bankshares Corp bought a new stake in Vanguard Real Estate ETF during the 2nd quarter valued at $585,000. Allworth Financial LP increased its stake in shares of Vanguard Real Estate ETF by 179.5% during the second quarter. Allworth Financial LP now owns 77,106 shares of the exchange traded fund’s stock valued at $6,867,000 after buying an additional 49,516 shares during the period. Cullen Frost Bankers Inc. raised its holdings in shares of Vanguard Real Estate ETF by 365.3% in the second quarter. Cullen Frost Bankers Inc. now owns 1,340 shares of the exchange traded fund’s stock valued at $119,000 after acquiring an additional 1,052 shares in the last quarter. Kerntke Otto McGlone Wealth Management Group lifted its stake in Vanguard Real Estate ETF by 2.5% in the second quarter. Kerntke Otto McGlone Wealth Management Group now owns 11,892 shares of the exchange traded fund’s stock worth $1,059,000 after acquiring an additional 285 shares during the period. Finally, Sovereign Financial Group Inc. grew its holdings in Vanguard Real Estate ETF by 1.9% during the 2nd quarter. Sovereign Financial Group Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $553,000 after acquiring an additional 114 shares in the last quarter. 60.03% of the stock is owned by hedge funds and other institutional investors.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $89.21 on Wednesday. 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 capitalization of $33.65 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The company’s 50-day simple moving average is $90.71 and its two-hundred day simple moving average is $90.19.

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.