Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock Crosses Above 50 Day Moving Average – Here’s Why

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s stock price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $93.28 and traded as high as $94.03. Vanguard Real Estate ETF shares last traded at $93.87, with a volume of 3,939,145 shares trading hands.

Vanguard Real Estate ETF Stock Performance

The stock has a market cap of $37.65 billion, a PE ratio of 35.58 and a beta of 0.97. The stock has a fifty day moving average price of $93.28 and a 200 day moving average price of $94.53.

Institutional Trading of Vanguard Real Estate ETF

Institutional investors have recently bought and sold shares of the stock. Valued Wealth Advisors LLC lifted its holdings in shares of Vanguard Real Estate ETF by 6.5% in the 1st quarter. Valued Wealth Advisors LLC now owns 1,694 shares of the exchange traded fund’s stock worth $150,000 after acquiring an additional 104 shares during the last quarter. Uptown Financial Advisors LLC boosted its stake in shares of Vanguard Real Estate ETF by 1.1% during the 2nd quarter. Uptown Financial Advisors LLC now owns 9,499 shares of the exchange traded fund’s stock worth $916,000 after purchasing an additional 105 shares during the period. Sage Investment Counsel LLC boosted its stake in shares of Vanguard Real Estate ETF by 1.6% during the 1st quarter. Sage Investment Counsel LLC now owns 6,756 shares of the exchange traded fund’s stock worth $599,000 after purchasing an additional 107 shares during the period. Davis R M Inc. grew its holdings in Vanguard Real Estate ETF by 3.8% during the 1st quarter. Davis R M Inc. now owns 3,120 shares of the exchange traded fund’s stock valued at $277,000 after purchasing an additional 115 shares during the last quarter. Finally, Pension & Wealth Management Advisors Inc. grew its holdings in Vanguard Real Estate ETF by 10.5% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 1,216 shares of the exchange traded fund’s stock valued at $109,000 after purchasing an additional 116 shares during the last quarter. 60.03% of the stock is currently owned by institutional investors.

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.