Vanguard Real Estate ETF (NYSEARCA:VNQ) Sets New 52-Week High – Still a Buy?

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $95.64 and last traded at $94.89, with a volume of 3645913 shares changing hands. The stock had previously closed at $94.88.

Vanguard Real Estate ETF Trading Up 0.0%

The stock has a fifty day moving average of $90.79 and a 200-day moving average of $90.63. The firm has a market capitalization of $36.34 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

Institutional Trading of Vanguard Real Estate ETF

A number of hedge funds have recently bought and sold shares of VNQ. IMG Wealth Management Inc. acquired a new position in Vanguard Real Estate ETF in the 4th quarter worth approximately $26,000. Evelyn Partners Investment Management LLP purchased a new position in shares of Vanguard Real Estate ETF during the fourth quarter valued at $26,000. Resources Management Corp CT ADV acquired a new position in Vanguard Real Estate ETF during the fourth quarter valued at $27,000. Hantz Financial Services Inc. lifted its stake in Vanguard Real Estate ETF by 123.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 173 shares in the last quarter. Finally, Evermay Wealth Management LLC boosted its position in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 113 shares during the period. 60.03% of the stock is owned by hedge funds and other institutional investors.

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.