Gold Investment Management Ltd. Trims Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Gold Investment Management Ltd. decreased its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 6.6% in the third quarter, HoldingsChannel reports. The firm owned 3,464 shares of the exchange traded fund’s stock after selling 244 shares during the quarter. Gold Investment Management Ltd.’s holdings in Vanguard Real Estate ETF were worth $337,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VNQ. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vanguard Real Estate ETF by 7.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock valued at $669,716,000 after buying an additional 523,467 shares during the period. US Bancorp DE lifted its holdings in Vanguard Real Estate ETF by 2.5% in the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock valued at $494,836,000 after acquiring an additional 123,161 shares during the period. International Assets Investment Management LLC lifted its holdings in Vanguard Real Estate ETF by 17,050.2% in the third quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock valued at $348,272,000 after acquiring an additional 3,554,112 shares during the period. Axiom Advisory LLC boosted its position in Vanguard Real Estate ETF by 13.2% in the 3rd quarter. Axiom Advisory LLC now owns 2,947,591 shares of the exchange traded fund’s stock worth $271,446,000 after purchasing an additional 343,033 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Vanguard Real Estate ETF by 0.5% during 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 purchasing an additional 10,732 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of VNQ traded up $0.82 during trading hours on Friday, hitting $95.29. The stock had a trading volume of 517,737 shares, compared to its average volume of 4,124,401. The firm has a 50-day moving average price of $96.14 and a 200 day moving average price of $89.39. Vanguard Real Estate ETF has a fifty-two week low of $74.51 and a fifty-two week high of $99.58. The firm has a market capitalization of $37.51 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

Vanguard Real Estate ETF Company 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.