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

Shares of Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) saw an uptick in trading volume on Friday . 603,701 shares changed hands during mid-day trading, an increase of 640% from the previous session’s volume of 81,634 shares.The stock last traded at $11.58 and had previously closed at $11.57.

Vert Global Sustainable Real Estate ETF Stock Performance

The business’s 50 day simple moving average is $11.50 and its two-hundred day simple moving average is $11.14. The firm has a market capitalization of $543.67 million, a PE ratio of 30.34 and a beta of 0.70.

Vert Global Sustainable Real Estate ETF Increases Dividend

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

Institutional Investors Weigh In On Vert Global Sustainable Real Estate ETF

A number of large investors have recently made changes to their positions in VGSR. Abacus Wealth Partners LLC grew its stake 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 valued at $129,099,000 after purchasing an additional 171,537 shares during the period. Betterment LLC boosted its holdings 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. boosted its holdings in shares of Vert Global Sustainable Real Estate ETF by 3.2% in the first quarter. SOA Wealth Advisors LLC. now owns 540,065 shares of the company’s stock worth $5,579,000 after buying an additional 16,747 shares during the last quarter. Finally, Koss Olinger Consulting LLC grew its position in 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 valued at $2,682,000 after buying an additional 3,813 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.