Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Reaches New 1-Year Low – Here’s Why

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $43.11 and last traded at $43.1480, with a volume of 137464 shares trading hands. The stock had previously closed at $43.74.

Vanguard Global ex-U.S. Real Estate ETF Price Performance

The business has a 50 day moving average price of $45.22 and a 200 day moving average price of $45.61. The stock has a market capitalization of $3.33 billion, a PE ratio of 16.56 and a beta of 0.71.

Institutional Trading of Vanguard Global ex-U.S. Real Estate ETF

Several institutional investors have recently added to or reduced their stakes in VNQI. Montecito Bank & Trust bought a new position in shares of Vanguard Global ex-U.S. Real Estate ETF during the first quarter valued at $917,000. Evanson Financial LLC purchased a new position in Vanguard Global ex-U.S. Real Estate ETF in the 2nd quarter worth about $505,000. Northwestern Mutual Wealth Management Co. raised its position in Vanguard Global ex-U.S. Real Estate ETF by 32.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 139,405 shares of the company’s stock worth $6,390,000 after buying an additional 34,291 shares during the last quarter. Jacobs Equity LLC bought a new position in Vanguard Global ex-U.S. Real Estate ETF during the 4th quarter valued at about $834,000. Finally, Sentinel Trust Co. LBA bought a new position in Vanguard Global ex-U.S. Real Estate ETF during the 1st quarter valued at about $2,343,000.

Vanguard Global ex-U.S. Real Estate ETF Company Profile

The Vanguard Global ex-U.S. Real Estate ETF (VNQI) is an exchange-traded fund that is based on the S&P Global x United States Property index, a market-cap-weighted index of non-US real estate investment trusts. VNQI was launched on Nov 1, 2010 and is managed by Vanguard.