Evergreen Capital Management LLC Increases Holdings in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Evergreen Capital Management LLC lifted its position in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 5.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 304,056 shares of the exchange traded fund’s stock after buying an additional 16,327 shares during the period. Vanguard Real Estate ETF comprises 0.9% of Evergreen Capital Management LLC’s investment portfolio, making the stock its 16th largest position. Evergreen Capital Management LLC owned 0.08% of Vanguard Real Estate ETF worth $25,782,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Goldman Sachs Group Inc. increased its stake in Vanguard Real Estate ETF by 87.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock worth $861,217,000 after purchasing an additional 4,547,415 shares during the period. Board of Trustees of The Leland Stanford Junior University purchased a new position in Vanguard Real Estate ETF in the 4th quarter worth approximately $150,204,000. Beacon Capital Management Inc. increased its stake in Vanguard Real Estate ETF by 223.8% in the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after purchasing an additional 1,283,964 shares during the period. Cetera Investment Advisers increased its stake in Vanguard Real Estate ETF by 376.1% in the 1st quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock worth $118,275,000 after purchasing an additional 1,080,371 shares during the period. Finally, BNP Paribas Financial Markets increased its stake in Vanguard Real Estate ETF by 199.2% in the 1st quarter. BNP Paribas Financial Markets now owns 1,242,219 shares of the exchange traded fund’s stock worth $107,427,000 after purchasing an additional 826,971 shares during the period.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $97.79 on Monday. Vanguard Real Estate ETF has a one year low of $70.61 and a one year high of $99.58. The stock has a market capitalization of $38.49 billion, a P/E ratio of 22.09 and a beta of 1.03. The business’s 50 day simple moving average is $92.83 and its two-hundred day simple moving average is $86.71.

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.