Vanguard Real Estate ETF (NYSEARCA:VNQ) Sets New 52-Week High – Here’s What Happened

Vanguard Real Estate ETF (NYSEARCA:VNQ) shares reached a new 52-week high on Thursday . The stock traded as high as $95.15 and last traded at $94.5820, with a volume of 1170473 shares. The stock had previously closed at $93.36.

Vanguard Real Estate ETF Price Performance

The firm has a market cap of $36.22 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03. The firm’s fifty day moving average is $90.14 and its 200-day moving average is $90.42.

Institutional Investors Weigh In On Vanguard Real Estate ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Arete Wealth Advisors LLC increased its holdings in Vanguard Real Estate ETF by 7.9% in the fourth quarter. Arete Wealth Advisors LLC now owns 26,505 shares of the exchange traded fund’s stock worth $2,345,000 after purchasing an additional 1,951 shares in the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of Vanguard Real Estate ETF by 9.4% during the 4th quarter. CreativeOne Wealth LLC now owns 208,267 shares of the exchange traded fund’s stock worth $18,430,000 after buying an additional 17,897 shares in the last quarter. Cordoba Advisory Partners LLC acquired a new stake in shares of Vanguard Real Estate ETF during the 4th quarter worth approximately $3,671,000. Kestra Advisory Services LLC increased its stake in shares of Vanguard Real Estate ETF by 3.4% in the 4th quarter. Kestra Advisory Services LLC now owns 108,546 shares of the exchange traded fund’s stock valued at $9,605,000 after acquiring an additional 3,537 shares in the last quarter. Finally, Burton Enright Welch bought a new stake in shares of Vanguard Real Estate ETF in the 4th quarter valued at $1,535,000. Institutional investors own 60.03% of the company’s stock.

Vanguard Real Estate ETF Company 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.