Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sets New 1-Year High – Here’s Why

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $11.35 and last traded at $11.35, with a volume of 9464 shares traded. The stock had previously closed at $11.21.

Vert Global Sustainable Real Estate ETF Price Performance

The company has a fifty day simple moving average of $10.84 and a two-hundred day simple moving average of $10.68. The company has a market capitalization of $515.17 million, a P/E ratio of 30.34 and a beta of 0.77.

Vert Global Sustainable Real Estate ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 27th. Investors of record on Thursday, March 26th were paid a $0.0933 dividend. The ex-dividend date of this dividend was Thursday, March 26th. This is a positive change from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.07.

Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF

A number of large investors have recently added to or reduced their stakes in VGSR. CoreFirst Bank & Trust bought a new stake in Vert Global Sustainable Real Estate ETF during the third quarter worth approximately $36,000. Cloud Capital Management LLC bought a new position in shares of Vert Global Sustainable Real Estate ETF in the third quarter valued at approximately $190,000. Betterment LLC lifted its stake in shares of Vert Global Sustainable Real Estate ETF by 49.2% in the third quarter. Betterment LLC now owns 108,925 shares of the company’s stock worth $1,160,000 after buying an additional 35,919 shares during the last quarter. SOA Wealth Advisors LLC. lifted its stake in shares of Vert Global Sustainable Real Estate ETF by 2.7% in 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 boosted its holdings in shares of Vert Global Sustainable Real Estate ETF by 1.4% during the 4th quarter. Abacus Wealth Partners LLC now owns 12,412,287 shares of the company’s stock worth $129,099,000 after buying an additional 171,537 shares during the period.

About Vert Global Sustainable Real Estate ETF

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.