Saxon Interests Inc. Acquires New Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Saxon Interests Inc. bought a new position in Vanguard Real Estate ETF (NYSEARCA:VNQ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 12,052 shares of the exchange traded fund’s stock, valued at approximately $1,174,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VNQ. Goldman Sachs Group Inc. increased its position in shares of Vanguard Real Estate ETF by 87.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,685 shares of the exchange traded fund’s stock worth $861,217,000 after purchasing an additional 4,547,414 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Real Estate ETF by 7.0% in 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 buying an additional 523,467 shares during the last quarter. Axiom Advisory LLC increased 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 worth $271,446,000 after buying an additional 343,033 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Vanguard Real Estate ETF by 0.5% during the 2nd 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 buying an additional 10,732 shares in the last quarter. Finally, Beacon Capital Management Inc. lifted its holdings in shares of 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 worth $157,952,000 after acquiring an additional 1,283,964 shares during the last quarter.

Vanguard Real Estate ETF Stock Down 0.3 %

NYSEARCA:VNQ traded down $0.27 during midday trading on Wednesday, hitting $94.19. The company had a trading volume of 772,116 shares, compared to its average volume of 4,215,022. The company has a market capitalization of $37.07 billion, a PE 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 $99.58. The stock’s fifty day moving average price is $94.61 and its 200-day moving average price is $87.60.

Vanguard Real Estate ETF 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.