Opinions
Jeff Parent B. Eng. FCSI CIM
Vanguard REIT ETF
VNQ-N
BUY
Mar 13, 2018
$75.980
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
BUY
Advertising
He is talking about US REITS generally and using the Vanguard REIT ETF to show the pattern across the industry. The EFT was trading in a consolidation range ($80-85’s) all of last year, then there was a sharp drop. The ETF has been retracing but the price (now $75.88) is not close to where it fell from. He thinks he is seeing smart money coming in to take advantage of panicked selling. The average yield is high (6% to 10%). For this ETF, he would set a stop at $72. These stocks are not bond alternatives, but bond mutual funds have given zero return over the past three years (interest minus drop in the share value minus fees = zero). REITS have more risk than bonds but they are lower risk at this time because they have dropped significantly.