Vanguard Real Estate ETF (NYSEARCA:VNQ) Hits New 52-Week High – What’s Next?

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $99.27 and last traded at $99.22, with a volume of 513932 shares trading hands. The stock had previously closed at $97.86.

Vanguard Real Estate ETF Stock Performance

The firm has a market capitalization of $39.63 billion, a PE ratio of 35.58 and a beta of 0.98. The business’s 50 day moving average price is $96.85 and its 200-day moving average price is $93.88.

Institutional Trading of Vanguard Real Estate ETF

Hedge funds have recently made changes to their positions in the business. Brighton Jones LLC raised its stake in shares of Vanguard Real Estate ETF by 59.4% in the fourth quarter. Brighton Jones LLC now owns 30,762 shares of the exchange traded fund’s stock valued at $2,740,000 after acquiring an additional 11,469 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Vanguard Real Estate ETF by 267.6% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,599 shares of the exchange traded fund’s stock worth $677,000 after purchasing an additional 5,532 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Vanguard Real Estate ETF by 17.5% in the 1st quarter. AQR Capital Management LLC now owns 8,616 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 1,284 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in Vanguard Real Estate ETF by 84.9% in the second quarter. Russell Investments Group Ltd. now owns 4,838 shares of the exchange traded fund’s stock valued at $431,000 after acquiring an additional 2,222 shares in the last quarter. Finally, State Street Corp grew its position in shares of Vanguard Real Estate ETF by 735.3% during the second quarter. State Street Corp now owns 1,592,905 shares of the exchange traded fund’s stock worth $141,864,000 after acquiring an additional 1,402,196 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

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.