Carnegie Investment Counsel Decreases Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Carnegie Investment Counsel trimmed its holdings in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,435 shares of the exchange traded fund’s stock after selling 893 shares during the quarter. Carnegie Investment Counsel’s holdings in Vanguard Real Estate ETF were worth $1,544,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Goldman Sachs Group Inc. grew its holdings in Vanguard Real Estate ETF by 87.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock valued at $861,217,000 after purchasing an additional 4,547,415 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Vanguard Real Estate ETF by 59.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,887,119 shares of the exchange traded fund’s stock valued at $166,746,000 after purchasing an additional 705,607 shares during the last quarter. Beacon Capital Management Inc. grew its holdings in Vanguard Real Estate ETF by 223.8% during the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock valued at $157,952,000 after purchasing an additional 1,283,964 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University bought a new position in Vanguard Real Estate ETF during the 4th quarter valued at about $150,204,000. Finally, Pure Financial Advisors LLC grew its holdings in Vanguard Real Estate ETF by 7.3% during the 2nd quarter. Pure Financial Advisors LLC now owns 1,583,615 shares of the exchange traded fund’s stock valued at $132,644,000 after purchasing an additional 107,519 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 0.3 %

NYSEARCA:VNQ traded down $0.24 during mid-day trading on Wednesday, hitting $91.74. 703,051 shares of the stock traded hands, compared to its average volume of 4,260,628. The stock has a market capitalization of $36.11 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 52 week low of $70.61 and a 52 week high of $92.34. The firm’s 50 day moving average is $87.35 and its two-hundred day moving average is $84.87.

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.