Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Hits New 52-Week High – Time to Buy?

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR)’s stock price reached a new 52-week high on Monday . The stock traded as high as $11.69 and last traded at $11.31, with a volume of 5606 shares. The stock had previously closed at $11.25.

Vert Global Sustainable Real Estate ETF Stock Performance

The company has a market cap of $508.39 million, a price-to-earnings ratio of 30.34 and a beta of 0.74. The firm has a fifty day moving average price of $11.01 and a 200 day moving average price of $10.79.

Vert Global Sustainable Real Estate ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 27th. Shareholders of record on Thursday, March 26th were given a dividend of $0.0933 per share. This is an increase from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.07. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. CoreFirst Bank & Trust bought a new stake in shares of Vert Global Sustainable Real Estate ETF in the 3rd quarter valued at about $36,000. Betterment LLC grew its holdings in Vert Global Sustainable Real Estate ETF by 49.2% during the third quarter. Betterment LLC now owns 108,925 shares of the company’s stock worth $1,160,000 after purchasing an additional 35,919 shares during the period. Koss Olinger Consulting LLC increased its position in Vert Global Sustainable Real Estate ETF by 1.5% during the first quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock worth $2,682,000 after buying an additional 3,813 shares during the last quarter. SOA Wealth Advisors LLC. increased its position 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 worth $5,443,000 after buying an additional 13,551 shares during the last quarter. Finally, Abacus Wealth Partners LLC raised its stake in Vert Global Sustainable Real Estate ETF by 1.4% in 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 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.