Garde Capital Inc. Has $29.87 Million Stake in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Garde Capital Inc. cut its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 356,596 shares of the exchange traded fund’s stock after selling 8,757 shares during the quarter. Vanguard Real Estate ETF comprises about 2.1% of Garde Capital Inc.’s holdings, making the stock its 10th biggest holding. Garde Capital Inc.’s holdings in Vanguard Real Estate ETF were worth $29,868,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Goldman Sachs Group Inc. raised its holdings 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 in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in 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 purchasing an additional 523,467 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in Vanguard Real Estate ETF by 0.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,239,091 shares of the exchange traded fund’s stock worth $187,546,000 after purchasing an additional 10,732 shares in the last quarter. Beacon Capital Management Inc. raised its holdings 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 in the last quarter. Finally, The Manufacturers Life Insurance Company increased 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 worth $142,874,000 after acquiring an additional 44,660 shares in the last quarter.

Vanguard Real Estate ETF Price Performance

Shares of Vanguard Real Estate ETF stock opened at $96.66 on Monday. The company has a 50-day moving average of $93.74 and a 200 day moving average of $87.09. The firm has a market cap of $38.04 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03. Vanguard Real Estate ETF has a 1 year low of $70.61 and a 1 year high of $99.58.

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.