Vanguard Real Estate ETF (NYSEARCA:VNQ) Hits New 12-Month High – What’s Next?

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s stock price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $96.40 and last traded at $96.40, with a volume of 683994 shares traded. The stock had previously closed at $95.16.

Vanguard Real Estate ETF Stock Up 1.6%

The stock has a 50-day simple moving average of $92.66 and a 200-day simple moving average of $90.93. The firm has a market capitalization of $37.27 billion, a PE ratio of 35.58 and a beta of 1.02.

Institutional Trading of Vanguard Real Estate ETF

A number of large investors have recently bought and sold shares of the company. Lansing Street Advisors increased its position in Vanguard Real Estate ETF by 2.8% in the third quarter. Lansing Street Advisors now owns 3,979 shares of the exchange traded fund’s stock worth $364,000 after buying an additional 110 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Vanguard Real Estate ETF by 8.4% in the fourth quarter. Signaturefd LLC now owns 1,414 shares of the exchange traded fund’s stock worth $125,000 after acquiring an additional 110 shares during the period. Kovack Advisors Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 0.9% in the third quarter. Kovack Advisors Inc. now owns 13,068 shares of the exchange traded fund’s stock worth $1,195,000 after acquiring an additional 112 shares during the period. Nestegg Advisors Inc. boosted its holdings in shares of Vanguard Real Estate ETF by 0.9% in the fourth quarter. Nestegg Advisors Inc. now owns 12,066 shares of the exchange traded fund’s stock worth $1,068,000 after acquiring an additional 112 shares during the period. Finally, Opulen Financial Group LLC boosted its holdings in shares of Vanguard Real Estate ETF by 2.2% in the fourth quarter. Opulen Financial Group LLC now owns 5,316 shares of the exchange traded fund’s stock worth $470,000 after acquiring an additional 112 shares during the period. 60.03% of the stock is owned by hedge funds and other institutional investors.

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.