Traders purchased shares of Vanguard REIT ETF (NYSEARCA:VNQ) on weakness during trading on Thursday. $75.18 million flowed into the stock on the tick-up and $56.53 million flowed out of the stock on the tick-down, for a money net flow of $18.65 million into the stock. Of all equities tracked, Vanguard REIT ETF had the 24th highest net in-flow for the day. Vanguard REIT ETF traded down ($0.32) for the day and closed at $81.27
The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 27th. Stockholders of record on Friday, December 22nd will be paid a $1.2636 dividend. The ex-dividend date of this dividend is Thursday, December 21st. This represents a $5.05 dividend on an annualized basis and a dividend yield of 6.22%. This is a positive change from Vanguard REIT ETF’s previous quarterly dividend of $0.85. Vanguard REIT ETF’s dividend payout ratio (DPR) is 18.14%.
Hedge funds have recently bought and sold shares of the company. Valeo Financial Advisors LLC acquired a new stake in shares of Vanguard REIT ETF in the third quarter valued at about $104,000. Sei Investments Co. grew its stake in Vanguard REIT ETF by 155.2% during the 2nd quarter. Sei Investments Co. now owns 1,544 shares of the exchange traded fund’s stock valued at $129,000 after purchasing an additional 939 shares in the last quarter. Liberty Capital Management Inc. acquired a new stake in Vanguard REIT ETF during the 3rd quarter valued at approximately $148,000. Salem Investment Counselors Inc. acquired a new stake in Vanguard REIT ETF during the 3rd quarter valued at approximately $166,000. Finally, Spectrum Management Group Inc. acquired a new stake in Vanguard REIT ETF during the 3rd quarter valued at approximately $168,000.
WARNING: This piece of content was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this piece of content on another domain, it was copied illegally and reposted in violation of US and international copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/12/21/traders-buy-shares-of-vanguard-reit-etf-vnq-on-weakness.html.
Vanguard REIT ETF Company Profile
What are top analysts saying about Vanguard REIT ETF? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Vanguard REIT ETF and related companies.