Vanguard Real Estate ETF (NYSEARCA:VNQ) Reaches New 1-Year High – Here’s What Happened

Vanguard Real Estate ETF (NYSEARCA:VNQ) shares hit a new 52-week high during trading on Monday . The company traded as high as $99.15 and last traded at $98.91, with a volume of 238432 shares trading hands. The stock had previously closed at $98.51.

Vanguard Real Estate ETF Price Performance

The business has a fifty day moving average of $95.26 and a 200-day moving average of $92.51. The stock has a market capitalization of $37.87 billion, a price-to-earnings ratio of 35.58 and a beta of 0.98.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Three Bearings Fiduciary Advisors Inc. boosted its position in shares of Vanguard Real Estate ETF by 1.4% in the 1st quarter. Three Bearings Fiduciary Advisors Inc. now owns 57,769 shares of the exchange traded fund’s stock valued at $5,124,000 after purchasing an additional 775 shares during the period. FAS Wealth Partners Inc. boosted its position in shares of Vanguard Real Estate ETF by 18.3% in the 1st quarter. FAS Wealth Partners Inc. now owns 6,766 shares of the exchange traded fund’s stock valued at $600,000 after purchasing an additional 1,048 shares during the period. Farmers National Bank boosted its position in shares of Vanguard Real Estate ETF by 4.4% in the 1st quarter. Farmers National Bank now owns 8,179 shares of the exchange traded fund’s stock valued at $725,000 after purchasing an additional 341 shares during the period. DBK Financial Counsel LLC boosted its position in shares of Vanguard Real Estate ETF by 5.5% in the 1st quarter. DBK Financial Counsel LLC now owns 13,183 shares of the exchange traded fund’s stock valued at $1,169,000 after purchasing an additional 693 shares during the period. Finally, DV Trading LLC boosted its position in shares of Vanguard Real Estate ETF by 46.1% in the 1st quarter. DV Trading LLC now owns 9,122 shares of the exchange traded fund’s stock valued at $809,000 after purchasing an additional 2,878 shares during the period. 60.03% of the stock is owned by institutional investors and hedge funds.

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.