Commonwealth Equity Services LLC Sells 24,652 Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ)

Commonwealth Equity Services LLC lowered its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 3.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 741,731 shares of the exchange traded fund’s stock after selling 24,652 shares during the quarter. Commonwealth Equity Services LLC owned about 0.19% of Vanguard Real Estate ETF worth $72,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. grew its position in Vanguard Real Estate ETF by 7.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after purchasing an additional 523,467 shares during the last quarter. Axiom Advisory LLC lifted its holdings in shares of 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 valued at $271,446,000 after buying an additional 343,033 shares during the period. Bank of New York Mellon Corp lifted its holdings in Vanguard Real Estate ETF by 0.5% in the second quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock valued at $187,546,000 after acquiring an additional 10,732 shares during the period. The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard Real Estate ETF by 2.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,703,245 shares of the exchange traded fund’s stock valued at $142,874,000 after purchasing an additional 44,660 shares during the period. Finally, Pure Financial Advisors LLC boosted its holdings in Vanguard Real Estate ETF by 7.3% during the second quarter. Pure Financial Advisors LLC now owns 1,583,615 shares of the exchange traded fund’s stock worth $132,644,000 after buying an additional 107,519 shares in the last quarter.

Vanguard Real Estate ETF Stock Performance

VNQ opened at $97.51 on Friday. The company has a fifty day moving average of $95.48 and a two-hundred day moving average of $88.18. Vanguard Real Estate ETF has a fifty-two week low of $70.61 and a fifty-two week high of $99.58. The stock has a market capitalization of $38.38 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

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.