Vanguard Real Estate ETF (NYSEARCA:VNQ) Reaches New 1-Year High at $99.27

Vanguard Real Estate ETF (NYSEARCA:VNQ) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $99.27 and last traded at $99.27, with a volume of 5048 shares changing hands. The stock had previously closed at $98.64.

Vanguard Real Estate ETF Stock Down 0.7 %

The company’s 50-day moving average is $92.12 and its 200-day moving average is $86.47. The stock has a market capitalization of $38.68 billion, a price-to-earnings ratio of 22.09 and a beta of 1.03.

Institutional Trading of Vanguard Real Estate ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VNQ. Goldman Sachs Group Inc. lifted its position in Vanguard Real Estate ETF by 87.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 9,746,686 shares of the exchange traded fund’s stock valued at $861,217,000 after buying an additional 4,547,415 shares during the last quarter. Board of Trustees of The Leland Stanford Junior University acquired a new position in shares of Vanguard Real Estate ETF in the 4th quarter worth approximately $150,204,000. Beacon Capital Management Inc. boosted its position in shares of Vanguard Real Estate ETF by 223.8% during the 1st quarter. Beacon Capital Management Inc. now owns 1,857,598 shares of the exchange traded fund’s stock worth $157,952,000 after purchasing an additional 1,283,964 shares during the period. Cetera Investment Advisers increased its holdings in Vanguard Real Estate ETF by 376.1% in the 1st quarter. Cetera Investment Advisers now owns 1,367,653 shares of the exchange traded fund’s stock valued at $118,275,000 after purchasing an additional 1,080,371 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in Vanguard Real Estate ETF by 199.2% in the first quarter. BNP Paribas Financial Markets now owns 1,242,219 shares of the exchange traded fund’s stock valued at $107,427,000 after purchasing an additional 826,971 shares during the period.

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.