Vanguard Real Estate ETF (NYSEARCA:VNQ) Reaches New 52-Week High – Time to Buy?

Vanguard Real Estate ETF (NYSEARCA:VNQGet Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $101.16 and last traded at $101.12, with a volume of 1201783 shares trading hands. The stock had previously closed at $98.69.

Vanguard Real Estate ETF Trading Up 2.3%

The firm’s 50 day moving average price is $97.09 and its two-hundred day moving average price is $94.21. The company has a market capitalization of $40.01 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Hedge Funds Weigh In On Vanguard Real Estate ETF

Institutional investors have recently bought and sold shares of the business. Uptown Financial Advisors LLC increased its holdings in shares of Vanguard Real Estate ETF by 1.1% during the 2nd quarter. Uptown Financial Advisors LLC now owns 9,499 shares of the exchange traded fund’s stock worth $916,000 after acquiring an additional 105 shares during the last quarter. Family Wealth Partners LLC lifted its holdings in Vanguard Real Estate ETF by 4.0% during the 2nd quarter. Family Wealth Partners LLC now owns 44,311 shares of the exchange traded fund’s stock valued at $4,273,000 after purchasing an additional 1,691 shares during the last quarter. Fiduciary Financial Group LLC bought a new position in Vanguard Real Estate ETF during the second quarter worth $341,000. Farrell Financial LLC increased its holdings in shares of Vanguard Real Estate ETF by 7.4% in the second quarter. Farrell Financial LLC now owns 7,517 shares of the exchange traded fund’s stock valued at $725,000 after purchasing an additional 519 shares during the last quarter. Finally, Camelot Technology Advisors Inc. increased its holdings in shares of Vanguard Real Estate ETF by 39.2% in the second quarter. Camelot Technology Advisors Inc. now owns 32,756 shares of the exchange traded fund’s stock valued at $3,159,000 after purchasing an additional 9,230 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

About Vanguard Real Estate ETF

(Get Free Report)

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.

Further Reading

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