Vanguard Real Estate ETF (NYSEARCA:VNQ) Sets New 12-Month High – Time to Buy?

Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $95.56 and last traded at $95.49, with a volume of 3613684 shares changing hands. The stock had previously closed at $94.59.

Vanguard Real Estate ETF Price Performance

The business’s fifty day simple moving average is $90.39 and its 200 day simple moving average is $90.50. The stock has a market cap of $36.57 billion, a price-to-earnings ratio of 35.58 and a beta of 1.03.

Hedge Funds Weigh In On Vanguard Real Estate ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VNQ. Lansing Street Advisors lifted its position in shares of Vanguard Real Estate ETF by 2.8% during the 3rd quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock valued at $364,000 after acquiring an additional 110 shares during the last quarter. Signaturefd LLC lifted its holdings in shares of Vanguard Real Estate ETF by 8.4% during the fourth quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock valued at $125,000 after purchasing an additional 110 shares during the last quarter. Kovack Advisors Inc. boosted its position in shares of Vanguard Real Estate ETF by 0.9% in the 3rd quarter. Kovack Advisors Inc. now owns 13,068 shares of the exchange traded fund’s stock valued at $1,195,000 after purchasing an additional 112 shares during the period. Nestegg Advisors Inc. increased its stake in Vanguard Real Estate ETF by 0.9% in the 4th quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock worth $1,068,000 after purchasing an additional 112 shares in the last quarter. Finally, Opulen Financial Group LLC raised its holdings in Vanguard Real Estate ETF by 2.2% during the 4th quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock worth $470,000 after buying an additional 112 shares during the period. 60.03% of the stock is owned by 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.