Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Hits New 52-Week Low – What’s Next?

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

Vanguard Global ex-U.S. Real Estate ETF Stock Down 1.2%

The stock has a market cap of $3.33 billion, a PE ratio of 16.56 and a beta of 0.71. The business’s 50-day simple moving average is $45.22 and its 200-day simple moving average is $45.61.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC bought a new position in shares of Vanguard Global ex-U.S. Real Estate ETF in the 2nd quarter worth about $160,000. NewEdge Advisors LLC grew its holdings in Vanguard Global ex-U.S. Real Estate ETF by 3.6% in the second quarter. NewEdge Advisors LLC now owns 54,877 shares of the company’s stock worth $2,461,000 after purchasing an additional 1,891 shares during the period. Powerhouse Assets LLC grew its holdings in Vanguard Global ex-U.S. Real Estate ETF by 6.6% in the second quarter. Powerhouse Assets LLC now owns 11,558 shares of the company’s stock worth $518,000 after purchasing an additional 720 shares during the period. Waverly Advisors LLC bought a new position in shares of Vanguard Global ex-U.S. Real Estate ETF during the second quarter valued at approximately $510,000. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Vanguard Global ex-U.S. Real Estate ETF by 86.0% during the second quarter. Parkside Financial Bank & Trust now owns 3,880 shares of the company’s stock valued at $174,000 after purchasing an additional 1,794 shares during the last quarter.

About Vanguard Global ex-U.S. Real Estate ETF

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.