ETFs

Vanguard FTSE Canadian Capped REIT Index ETF (VRE) Experiences 1.1% Share Price Increase

Published February 16, 2024

On a recent Thursday, the Vanguard FTSE Canadian Capped REIT Index ETF (TSE:VRE), a notable ETF tracking Canadian real estate investments, saw its share price ascend by 1.1%. The ETF reached a high of C$30.97 and concluded the trading day slightly lower at C$30.93.

Trading Activity Highlights

The trading session was particularly active for VRE, with around 15,801 shares changing hands. This marked a substantial 59% jump compared to its typical volume of 9,947 shares. Prior to this uptick, the ETF's shares had ended the previous session at C$30.60.

ETF Market Position

VRE's performance can also be gauged by its moving averages; the 50-day moving average stood at C$30.22, while the 200-day moving average was noted at C$28.94. These indicators can help investors understand the ETF's recent performance trend.

Understanding Vanguard FTSE Canadian Capped REIT Index ETF

VRE comprises a portfolio of handpicked real estate investment trusts, with its purpose to track the investment returns of Canadian real estate markets. Investors often consider such ETFs to diversify their portfolios, hedge against market volatility, or tap into the real estate sector without owning physical properties.

Vanguard, ETF, REIT