Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sees Large Volume Increase – Time to Buy?

Shares of Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) saw unusually-strong trading volume on Thursday . 140,176 shares were traded during mid-day trading, an increase of 79% from the previous session’s volume of 78,511 shares.The stock last traded at $11.65 and had previously closed at $11.58.

Vert Global Sustainable Real Estate ETF Stock Up 1.8%

The stock has a market capitalization of $548.12 million, a PE ratio of 30.34 and a beta of 0.71. The stock’s 50 day moving average price is $11.39 and its 200-day moving average price is $11.04.

Vert Global Sustainable Real Estate ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 25th were issued a $0.0953 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.09.

Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Betterment LLC lifted its position 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 valued at $1,160,000 after acquiring an additional 35,919 shares in the last quarter. Koss Olinger Consulting LLC grew its position in shares of Vert Global Sustainable Real Estate ETF by 1.5% during the first quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock worth $2,682,000 after purchasing an additional 3,813 shares in the last quarter. SOA Wealth Advisors LLC. raised its stake in Vert Global Sustainable Real Estate ETF by 2.7% during the 4th quarter. SOA Wealth Advisors LLC. now owns 523,318 shares of the company’s stock valued at $5,443,000 after purchasing an additional 13,551 shares during the period. Finally, Abacus Wealth Partners LLC raised its stake in 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 valued at $129,099,000 after purchasing an additional 171,537 shares during the period.

Vert Global Sustainable Real Estate ETF Company Profile

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.