Vanguard Real Estate ETF (NYSEARCA:VNQ) Hits New 1-Year Low – Should You Sell?

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $76.92 and last traded at $78.55, with a volume of 1465364 shares changing hands. The stock had previously closed at $79.79.

Vanguard Real Estate ETF Price Performance

The firm has a market capitalization of $91.16 billion, a PE ratio of 32.61 and a beta of 1.00. The company has a 50-day moving average price of $90.21 and a 200 day moving average price of $92.19.

Vanguard Real Estate ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.9319 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Caisse DE Depot ET Placement DU Quebec purchased a new position in Vanguard Real Estate ETF in the fourth quarter worth about $299,211,000. Raymond James Financial Inc. purchased a new stake in Vanguard Real Estate ETF during the 4th quarter valued at $124,165,000. Brooklyn FI LLC lifted its position in Vanguard Real Estate ETF by 6,345.2% in the fourth quarter. Brooklyn FI LLC now owns 1,308,438 shares of the exchange traded fund’s stock worth $123,579,000 after buying an additional 1,288,137 shares during the last quarter. FIDELIS iM LLC boosted its stake in Vanguard Real Estate ETF by 879.7% during the fourth quarter. FIDELIS iM LLC now owns 801,855 shares of the exchange traded fund’s stock worth $71,429,000 after buying an additional 720,010 shares during the period. Finally, US Bancorp DE increased its position in Vanguard Real Estate ETF by 11.5% during the fourth quarter. US Bancorp DE now owns 5,665,065 shares of the exchange traded fund’s stock valued at $504,644,000 after acquiring an additional 585,657 shares during the last quarter.

Vanguard Real Estate ETF Company Profile

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.