Pure Portfolios Holdings LLC Raises Position in Vanguard Real Estate ETF $VNQ

Pure Portfolios Holdings LLC increased its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 78.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,261 shares of the exchange traded fund’s stock after purchasing an additional 9,324 shares during the quarter. Vanguard Real Estate ETF accounts for 0.6% of Pure Portfolios Holdings LLC’s investment portfolio, making the stock its 29th biggest position. Pure Portfolios Holdings LLC’s holdings in Vanguard Real Estate ETF were worth $1,894,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in VNQ. State of New Jersey Common Pension Fund D raised 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 worth $778,542,000 after purchasing an additional 4,013,382 shares during the period. BNP Paribas Financial Markets boosted its position in Vanguard Real Estate ETF by 458.2% during the 1st quarter. BNP Paribas Financial Markets now owns 3,252,481 shares of the exchange traded fund’s stock valued at $294,480,000 after buying an additional 2,669,771 shares during the period. Empower Advisory Group LLC boosted its position in Vanguard Real Estate ETF by 17.5% during the 1st 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 buying an additional 2,064,842 shares during the period. Goldman Sachs Group Inc. boosted its position in Vanguard Real Estate ETF by 33.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,696,203 shares of the exchange traded fund’s stock valued at $425,194,000 after buying an additional 1,178,304 shares during the period. Finally, Citigroup Inc. boosted its position in Vanguard Real Estate ETF by 1,384.8% during the 1st 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. Hedge funds and other institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Stock Down 0.4%

Shares of VNQ opened at $90.23 on Wednesday. The stock has a market capitalization of $33.79 billion, a P/E ratio of 35.58 and a beta of 0.91. The firm has a fifty day simple moving average of $90.94 and a two-hundred day simple moving average of $89.44. Vanguard Real Estate ETF has a twelve month low of $76.92 and a twelve month high of $99.20.

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.