Vanguard FTSE Canadian Capped REIT Index ETF (TSE:VRE) Trading Down 1.3% – Should You Sell?

Vanguard FTSE Canadian Capped REIT Index ETF (TSE:VRE) shares traded down 1.3% during mid-day trading on Wednesday . The company traded as low as C$31.25 and last traded at C$31.25. 6,076 shares changed hands during trading, a decline of 29% from the average session volume of 8,580 shares. The stock had previously closed at C$31.65.

Vanguard FTSE Canadian Capped REIT Index ETF Stock Performance

The firm has a 50 day moving average price of C$32.64 and a 200 day moving average price of C$33.09.

Vanguard FTSE Canadian Capped REIT Index ETF Company Profile

The investment objective of Vanguard FTSE Canadian Capped REIT Index ETF (the ETF) is to track, to the extent reasonably possible and before fees and expenses, the performance of the FTSE Canada All Cap Real Estate Capped 25% Index (the Index or the Benchmark). The Index is a market capitalization-weighted index that aims to capture the performance of the publicly traded Canadian real estate sector. It is composed of securities of Canadian real estate sector issuers selected from the FTSE Canada All Cap Index, and each constituent issuers weight in the Index is capped at 25%.