GFS Advisors LLC Has $431,000 Stock Position in Vanguard Real Estate ETF $VNQ

GFS Advisors LLC lowered its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.2% in the second quarter, HoldingsChannel reports. The firm owned 4,845 shares of the exchange traded fund’s stock after selling 215 shares during the period. GFS Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $431,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VNQ. State of New Jersey Common Pension Fund D increased 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 valued at $778,542,000 after acquiring an additional 4,013,382 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in Vanguard Real Estate ETF by 458.2% during the first quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock valued at $294,480,000 after purchasing an additional 2,669,771 shares during the period. Empower Advisory Group LLC grew its holdings in 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 valued at $1,254,761,000 after purchasing an additional 2,064,842 shares during the period. Goldman Sachs Group Inc. grew its holdings in Vanguard Real Estate ETF by 33.5% during the first quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after purchasing an additional 1,178,304 shares during the period. Finally, Citigroup Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 1,384.8% in the first quarter. Citigroup Inc. now owns 879,620 shares of the exchange traded fund’s stock valued at $79,641,000 after buying an additional 820,378 shares during the period. Institutional investors and hedge funds own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 1.3%

Vanguard Real Estate ETF stock opened at $88.13 on Friday. The stock has a market capitalization of $33.25 billion, a PE ratio of 35.58 and a beta of 0.91. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20. The company has a 50 day moving average of $90.92 and a 200-day moving average of $89.41.

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.