Firestone Capital Management Grows Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Firestone Capital Management boosted its stake in shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) by 2.7% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 161,714 shares of the exchange traded fund’s stock after purchasing an additional 4,255 shares during the period. Vanguard Real Estate ETF comprises approximately 3.7% of Firestone Capital Management’s investment portfolio, making the stock its 9th biggest holding. Firestone Capital Management’s holdings in Vanguard Real Estate ETF were worth $13,545,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in VNQ. Virtu Financial LLC bought a new position in shares of Vanguard Real Estate ETF during the 2nd quarter valued at approximately $8,008,000. Citizens Financial Group Inc. RI increased its position in Vanguard Real Estate ETF by 2.0% in the second quarter. Citizens Financial Group Inc. RI now owns 511,508 shares of the exchange traded fund’s stock worth $43,193,000 after buying an additional 9,991 shares during the last quarter. One Capital Management LLC raised its stake in shares of Vanguard Real Estate ETF by 63.3% in the second quarter. One Capital Management LLC now owns 31,755 shares of the exchange traded fund’s stock valued at $2,660,000 after buying an additional 12,309 shares during the period. Wealth Dimensions Group Ltd. lifted its position in shares of Vanguard Real Estate ETF by 2.2% during the 2nd quarter. Wealth Dimensions Group Ltd. now owns 12,774 shares of the exchange traded fund’s stock valued at $1,070,000 after buying an additional 281 shares during the last quarter. Finally, Marble Harbor Investment Counsel LLC grew its stake in shares of Vanguard Real Estate ETF by 0.8% during the 2nd quarter. Marble Harbor Investment Counsel LLC now owns 25,625 shares of the exchange traded fund’s stock worth $2,146,000 after acquiring an additional 200 shares during the period.

Vanguard Real Estate ETF Stock Performance

Shares of Vanguard Real Estate ETF stock opened at $98.97 on Tuesday. The stock has a market capitalization of $38.95 billion, a P/E 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 $99.40. The stock’s 50-day simple moving average is $91.83 and its 200 day simple moving average is $86.39.

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.