Focus Financial Network Inc. Has $1.99 Million Stock Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Focus Financial Network Inc. lowered its holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 4.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 22,167 shares of the exchange traded fund’s stock after selling 1,020 shares during the period. Focus Financial Network Inc.’s holdings in Vanguard Real Estate ETF were worth $1,989,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $27,000. Tennessee Valley Asset Management Partners bought a new stake in Vanguard Real Estate ETF in the 4th quarter valued at $97,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Vanguard Real Estate ETF by 32.3% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 197,491 shares of the exchange traded fund’s stock valued at $17,450,000 after buying an additional 48,196 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Vanguard Real Estate ETF by 13.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,051 shares of the exchange traded fund’s stock worth $183,000 after acquiring an additional 249 shares during the period. Finally, Western Wealth Management LLC increased its stake in Vanguard Real Estate ETF by 4.0% in the fourth quarter. Western Wealth Management LLC now owns 8,362 shares of the exchange traded fund’s stock valued at $739,000 after acquiring an additional 323 shares during the period.

Vanguard Real Estate ETF Trading Down 0.1 %

NYSEARCA:VNQ traded down $0.08 during mid-day trading on Wednesday, hitting $91.90. The company’s stock had a trading volume of 989,785 shares, compared to its average volume of 4,262,409. The stock has a fifty day moving average of $87.35 and a 200-day moving average of $84.87. The company has a market capitalization of $36.17 billion, a price-to-earnings 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 $92.34.

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.