Vanguard Real Estate ETF (NYSEARCA:VNQ) Hits New 1-Year Low – Here’s What Happened

Vanguard Real Estate ETF (NYSEARCA:VNQ)’s stock price reached a new 52-week low during trading on Wednesday . The stock 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 stock has a market capitalization of $85.81 billion, a price-to-earnings ratio of 32.61 and a beta of 1.00. The firm has a fifty day moving average of $90.61 and a 200 day moving average of $92.46.

Vanguard Real Estate ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.9319 per share. The ex-dividend date was Tuesday, March 25th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Howard Capital Management Group LLC purchased a new position in shares of Vanguard Real Estate ETF in the fourth quarter valued at approximately $26,000. Godsey & Gibb Inc. acquired a new stake in Vanguard Real Estate ETF during the 4th quarter worth $26,000. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $26,000. CKW Financial Group purchased a new stake in shares of Vanguard Real Estate ETF during the fourth quarter worth $27,000. Finally, Copia Wealth Management acquired a new stake in shares of Vanguard Real Estate ETF in the fourth quarter valued at about $27,000.

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.