Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Hits New 12-Month Low – Should You Sell?

Shares of Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) hit a new 52-week low on Tuesday. The stock traded as low as $42.82 and last traded at $42.93, with a volume of 256349 shares traded. The stock had previously closed at $43.10.

Vanguard Global ex-U.S. Real Estate ETF Trading Down 0.3%

The firm’s fifty day moving average price is $44.89 and its 200 day moving average price is $45.43. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 16.56 and a beta of 0.71.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Root Financial Partners LLC grew its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 53.1% in the fourth quarter. Root Financial Partners LLC now owns 735 shares of the company’s stock valued at $34,000 after buying an additional 255 shares in the last quarter. Continuum Advisory LLC acquired a new position in Vanguard Global ex-U.S. Real Estate ETF during the 2nd quarter worth about $41,000. EverSource Wealth Advisors LLC acquired a new position in Vanguard Global ex-U.S. Real Estate ETF during the 4th quarter worth about $44,000. Timbuktu Capital Management LLC purchased a new position in Vanguard Global ex-U.S. Real Estate ETF during the 2nd quarter valued at about $73,000. Finally, RMG Wealth Management LLC purchased a new position in Vanguard Global ex-U.S. Real Estate ETF during the 1st quarter valued at about $76,000.

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.