Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR) Sets New 1-Year High – Still a Buy?

Vert Global Sustainable Real Estate ETF (NASDAQ:VGSR)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $11.69 and last traded at $11.31, with a volume of 5606 shares changing hands. The stock had previously closed at $11.25.

Vert Global Sustainable Real Estate ETF Price Performance

The business’s 50-day moving average price is $11.01 and its two-hundred day moving average price is $10.79. The company has a market capitalization of $508.39 million, a P/E ratio of 30.34 and a beta of 0.74.

Vert Global Sustainable Real Estate ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 27th. Investors of record on Thursday, March 26th were paid a dividend of $0.0933 per share. The ex-dividend date of this dividend was Thursday, March 26th. This is a boost from Vert Global Sustainable Real Estate ETF’s previous dividend of $0.07.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. CoreFirst Bank & Trust bought a new stake in shares of Vert Global Sustainable Real Estate ETF in the third quarter worth about $36,000. Betterment LLC lifted its holdings in shares of Vert Global Sustainable Real Estate ETF by 49.2% during the 3rd quarter. Betterment LLC now owns 108,925 shares of the company’s stock valued at $1,160,000 after purchasing an additional 35,919 shares in the last quarter. Koss Olinger Consulting LLC lifted its holdings in shares of Vert Global Sustainable Real Estate ETF by 1.5% during the 1st quarter. Koss Olinger Consulting LLC now owns 259,627 shares of the company’s stock valued at $2,682,000 after purchasing an additional 3,813 shares in the last quarter. SOA Wealth Advisors LLC. grew its position in shares of Vert Global Sustainable Real Estate ETF by 2.7% in the 4th quarter. SOA Wealth Advisors LLC. now owns 523,318 shares of the company’s stock valued at $5,443,000 after purchasing an additional 13,551 shares during the period. Finally, Abacus Wealth Partners LLC grew its position in shares of Vert Global Sustainable Real Estate ETF by 1.4% in 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.

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.