Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Reaches New 52-Week High – Should You Buy?

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $11.35 and last traded at $11.32, with a volume of 6302 shares changing hands. The stock had previously closed at $11.20.

Vert Global Sustainable Real Estate ETF Stock Up 0.4%

The firm has a market capitalization of $498.26 million, a PE ratio of 30.34 and a beta of 0.71. The stock has a 50-day simple moving average of $10.72 and a 200-day simple moving average of $10.60.

Vert Global Sustainable Real Estate ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were issued a $0.0673 dividend. The ex-dividend date of this dividend was Tuesday, December 30th.

Hedge Funds Weigh In On Vert Global Sustainable Real Estate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VGSR. Flow Traders U.S. LLC purchased a new position in shares of Vert Global Sustainable Real Estate ETF in the second quarter worth about $2,037,000. SOA Wealth Advisors LLC. boosted its holdings in Vert Global Sustainable Real Estate ETF by 5.8% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 509,767 shares of the company’s stock worth $5,429,000 after buying an additional 28,033 shares during the period. Cloud Capital Management LLC purchased a new position in Vert Global Sustainable Real Estate ETF in the 3rd quarter valued at approximately $190,000. CoreFirst Bank & Trust bought a new stake in Vert Global Sustainable Real Estate ETF during the 3rd quarter valued at $36,000. Finally, Betterment LLC raised its holdings in Vert Global Sustainable Real Estate ETF by 49.2% during the 3rd quarter. Betterment LLC now owns 108,925 shares of the company’s stock valued at $1,160,000 after acquiring an additional 35,919 shares during the period.

Vert Global Sustainable Real Estate ETF Company Profile

The Vert Global Sustainable Real Estate ETF (VGSR) is an exchange-traded fund that is based on the S&P Global REIT index. The fund is an actively managed portfolio of sustainable real estate companies around the world that exhibit positive ESG characteristics. Portfolio holdings are weighted by modified market capitalization. VGSR was launched on Oct 31, 2017 and is issued by Vert.