Franklin Resources Inc. Decreases Position in Vanguard Real Estate ETF (NYSEARCA:VNQ)

Franklin Resources Inc. reduced its stake in Vanguard Real Estate ETF (NYSEARCA:VNQ) by 1.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,923 shares of the exchange traded fund’s stock after selling 1,112 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Real Estate ETF were worth $9,242,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VNQ. Empower Advisory Group LLC boosted its position in shares of Vanguard Real Estate ETF by 1.1% in the 3rd quarter. Empower Advisory Group LLC now owns 11,423,294 shares of the exchange traded fund’s stock valued at $1,112,857,000 after purchasing an additional 125,586 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard Real Estate ETF by 7.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,994,347 shares of the exchange traded fund’s stock worth $669,716,000 after acquiring an additional 523,467 shares during the last quarter. US Bancorp DE grew its position in shares of Vanguard Real Estate ETF by 2.5% during the third quarter. US Bancorp DE now owns 5,079,408 shares of the exchange traded fund’s stock worth $494,836,000 after acquiring an additional 123,161 shares during the last quarter. State of New Jersey Common Pension Fund D raised its position in Vanguard Real Estate ETF by 465.1% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 4,585,487 shares of the exchange traded fund’s stock valued at $446,718,000 after purchasing an additional 3,774,000 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Vanguard Real Estate ETF by 17,050.2% during the 3rd quarter. International Assets Investment Management LLC now owns 3,574,957 shares of the exchange traded fund’s stock worth $348,272,000 after purchasing an additional 3,554,112 shares during the period.

Vanguard Real Estate ETF Stock Performance

NYSEARCA VNQ opened at $89.33 on Friday. The firm’s fifty day moving average is $95.12 and its two-hundred day moving average is $92.24. Vanguard Real Estate ETF has a one year low of $78.27 and a one year high of $99.58. The firm has a market cap of $35.16 billion, a PE ratio of 22.09 and a beta of 1.03.

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.