Sumitomo Mitsui Financial Group Inc. Boosts Stake in Vanguard Real Estate ETF $VNQ

Sumitomo Mitsui Financial Group Inc. lifted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 12,525 shares of the exchange traded fund’s stock after purchasing an additional 778 shares during the quarter. Sumitomo Mitsui Financial Group Inc.’s holdings in Vanguard Real Estate ETF were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Hantz Financial Services Inc. lifted its position in Vanguard Real Estate ETF by 123.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 173 shares during the period. Cohalo Advisory LLC purchased a new position in shares of Vanguard Real Estate ETF in the second quarter worth about $29,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Vanguard Real Estate ETF in the second quarter valued at approximately $33,000. Reyes Financial Architecture Inc. raised its position in Vanguard Real Estate ETF by 405.5% during the 2nd quarter. Reyes Financial Architecture Inc. now owns 369 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 296 shares during the last quarter. Finally, Aberdeen Wealth Management LLC purchased a new stake in shares of Vanguard Real Estate ETF in the 1st quarter valued at $40,000. 60.03% of the stock is owned by institutional investors and hedge funds.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $91.04 on Thursday. Vanguard Real Estate ETF has a 1 year low of $76.92 and a 1 year high of $99.20. The stock has a market cap of $34.34 billion, a PE ratio of 35.58 and a beta of 1.03. The firm has a fifty day moving average price of $90.38 and a 200 day moving average price of $90.21.

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.