Vanguard Real Estate ETF (NYSEARCA:VNQ) Stock Price Up 9%
Vanguard Real Estate ETF (NYSEARCA:VNQ) shares rose 9% on Tuesday . The stock traded as high as $62.26 and last traded at $62.03, approximately 14,401,300 shares traded hands during trading. An increase of 84% from the average daily volume of 7,825,381 shares. The stock had previously closed at $56.91.
The firm’s 50-day simple moving average is $87.21 and its two-hundred day simple moving average is $91.50.
Hedge funds and other institutional investors have recently made changes to their positions in the business. First Trust Advisors LP lifted its position in shares of Vanguard Real Estate ETF by 1.1% in the 1st quarter. First Trust Advisors LP now owns 44,479 shares of the exchange traded fund’s stock worth $3,866,000 after buying an additional 502 shares during the last quarter. AJ Wealth Strategies LLC bought a new stake in shares of Vanguard Real Estate ETF in the 3rd quarter valued at about $352,000. UMA Financial Services Inc. bought a new stake in Vanguard Real Estate ETF during the 3rd quarter worth approximately $1,549,000. Voya Financial Advisors Inc. increased its stake in Vanguard Real Estate ETF by 8.6% during the 3rd quarter. Voya Financial Advisors Inc. now owns 67,098 shares of the exchange traded fund’s stock worth $6,246,000 after purchasing an additional 5,327 shares in the last quarter. Finally, State Street Corp increased its stake in Vanguard Real Estate ETF by 16.9% during the 3rd quarter. State Street Corp now owns 3,116,331 shares of the exchange traded fund’s stock worth $290,598,000 after purchasing an additional 449,608 shares in the last quarter.
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.
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