Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sets New 52-Week High – Still a Buy?

Shares of Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) reached a new 52-week high on Wednesday . The stock traded as high as $11.35 and last traded at $11.35, with a volume of 9464 shares. The stock had previously closed at $11.21.

Vert Global Sustainable Real Estate ETF Stock Performance

The stock has a market cap of $515.17 million, a price-to-earnings ratio of 30.34 and a beta of 0.77. The company’s 50 day simple moving average is $10.84 and its 200 day simple moving average is $10.68.

Vert Global Sustainable Real Estate ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 27th. Investors of record on Thursday, March 26th were paid a dividend of $0.0933 per share. This is a boost from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.07. The ex-dividend date was Thursday, March 26th.

Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF

Institutional investors have recently added to or reduced their stakes in the company. CoreFirst Bank & Trust acquired a new position in shares of Vert Global Sustainable Real Estate ETF in the 3rd quarter worth $36,000. Cloud Capital Management LLC purchased a new position in Vert Global Sustainable Real Estate ETF in the 3rd quarter worth about $190,000. 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 worth $1,160,000 after buying an additional 35,919 shares during the period. SOA Wealth Advisors LLC. lifted its stake in Vert Global Sustainable Real Estate ETF by 2.7% during the fourth quarter. SOA Wealth Advisors LLC. now owns 523,318 shares of the company’s stock valued at $5,443,000 after buying an additional 13,551 shares in the last quarter. Finally, Abacus Wealth Partners LLC lifted its stake in Vert Global Sustainable Real Estate ETF by 1.4% during the fourth quarter. Abacus Wealth Partners LLC now owns 12,412,287 shares of the company’s stock valued at $129,099,000 after buying an additional 171,537 shares in the last quarter.

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.