Mayflower Financial Advisors LLC Decreases Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Mayflower Financial Advisors LLC reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,060 shares of the exchange traded fund’s stock after selling 604 shares during the period. Mayflower Financial Advisors LLC’s holdings in Vanguard Real Estate ETF were worth $759,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of VNQ. Goldman Sachs Group Inc. grew its position in shares of Vanguard Real Estate ETF by 87.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after buying an additional 4,547,415 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Vanguard Real Estate ETF by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock worth $187,546,000 after buying an additional 10,732 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Vanguard Real Estate ETF by 59.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,887,119 shares of the exchange traded fund’s stock worth $166,746,000 after buying an additional 705,607 shares during the last quarter. Beacon Capital Management Inc. grew its position in shares of Vanguard Real Estate ETF by 223.8% in the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after buying an additional 1,283,964 shares during the last quarter. Finally, Board of Trustees of The Leland Stanford Junior University bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $150,204,000.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ stock opened at $95.07 on Friday. The firm has a market cap of $37.42 billion, a P/E ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $96.23. The business’s 50 day moving average price is $89.90 and its 200-day moving average price is $85.74.

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.