Vanguard Real Estate ETF (NYSEARCA:VNQ) Reaches New 52-Week High – Time to Buy?

Shares of Vanguard Real Estate ETF (NYSEARCA:VNQ) hit a new 52-week high during trading on Tuesday . The company traded as high as $97.51 and last traded at $97.40, with a volume of 495669 shares trading hands. The stock had previously closed at $96.77.

Vanguard Real Estate ETF Trading Down 0.3%

The business’s 50 day moving average price is $93.57 and its 200-day moving average price is $91.95. The company has a market cap of $37.36 billion, a price-to-earnings ratio of 35.58 and a beta of 1.00.

Institutional Trading of Vanguard Real Estate ETF

A number of hedge funds have recently modified their holdings of the stock. Raab & Moskowitz Asset Management LLC lifted its stake in shares of Vanguard Real Estate ETF by 2.0% during the 1st quarter. Raab & Moskowitz Asset Management LLC now owns 8,587 shares of the exchange traded fund’s stock worth $762,000 after buying an additional 170 shares during the last quarter. Vestor Capital LLC lifted its stake in shares of Vanguard Real Estate ETF by 73,570.3% during the 1st quarter. Vestor Capital LLC now owns 121,556 shares of the exchange traded fund’s stock worth $10,782,000 after buying an additional 121,391 shares during the last quarter. JDM Financial Group LLC lifted its stake in shares of Vanguard Real Estate ETF by 5.9% during the 1st quarter. JDM Financial Group LLC now owns 140,723 shares of the exchange traded fund’s stock worth $12,482,000 after buying an additional 7,803 shares during the last quarter. Arete Wealth Advisors LLC lifted its stake in shares of Vanguard Real Estate ETF by 3.9% during the 1st quarter. Arete Wealth Advisors LLC now owns 27,545 shares of the exchange traded fund’s stock worth $2,442,000 after buying an additional 1,040 shares during the last quarter. Finally, SOA Wealth Advisors LLC. lifted its stake in shares of Vanguard Real Estate ETF by 146.7% during the 1st quarter. SOA Wealth Advisors LLC. now owns 560 shares of the exchange traded fund’s stock worth $50,000 after buying an additional 333 shares during the last quarter. Institutional investors and hedge funds own 60.03% of the company’s stock.

About Vanguard Real Estate ETF

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.