Vanguard Real Estate ETF (NYSEARCA:VNQ) Hits New 12-Month High – Should You Buy?

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

Vanguard Real Estate ETF Stock Performance

The firm has a fifty day simple moving average of $90.58 and a 200-day simple moving average of $90.55. The company has a market capitalization of $36.33 billion, a PE ratio of 35.58 and a beta of 1.03.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in VNQ. IMG Wealth Management Inc. bought a new position in shares of Vanguard Real Estate ETF during the fourth quarter worth about $26,000. Evelyn Partners Investment Management LLP bought a new stake in Vanguard Real Estate ETF in the fourth quarter valued at about $26,000. Resources Management Corp CT ADV acquired a new stake in Vanguard Real Estate ETF during the fourth quarter valued at approximately $27,000. Hantz Financial Services Inc. lifted its holdings in Vanguard Real Estate ETF by 123.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 313 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 173 shares during the last quarter. Finally, Evermay Wealth Management LLC lifted its holdings in Vanguard Real Estate ETF by 46.5% during the 4th quarter. Evermay Wealth Management LLC now owns 356 shares of the exchange traded fund’s stock worth $32,000 after buying an additional 113 shares during the last quarter. 60.03% of the stock is currently 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.