Vanguard Real Estate ETF (NYSEARCA:VNQ) Sets New 12-Month High at $95.39

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $95.39 and last traded at $95.26, with a volume of 2373229 shares. The stock had previously closed at $95.13.

Vanguard Real Estate ETF Price Performance

The firm’s 50 day moving average price is $89.68 and its 200 day moving average price is $85.68. The stock has a market capitalization of $37.42 billion, a P/E ratio of 22.09 and a beta of 1.03.

Institutional Investors Weigh In On Vanguard Real Estate ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its position in Vanguard Real Estate ETF by 87.5% during the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock valued at $861,217,000 after buying an additional 4,547,415 shares during the period. Board of Trustees of The Leland Stanford Junior University bought a new stake in Vanguard Real Estate ETF during the fourth quarter worth about $150,204,000. Beacon Capital Management Inc. grew its holdings in Vanguard Real Estate ETF by 223.8% in the first quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after purchasing an additional 1,283,964 shares during the period. Cetera Investment Advisers lifted its holdings in shares of Vanguard Real Estate ETF by 376.1% during the first quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock valued at $118,275,000 after purchasing an additional 1,080,371 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Vanguard Real Estate ETF by 199.2% in the 1st quarter. BNP Paribas Financial Markets now owns 1,242,219 shares of the exchange traded fund’s stock worth $107,427,000 after purchasing an additional 826,971 shares in the last quarter.

About Vanguard Real Estate ETF

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.