Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Reaches New 12-Month High – Here’s What Happened

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $49.82 and last traded at $49.75, with a volume of 290332 shares traded. The stock had previously closed at $48.97.

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

The firm’s 50 day moving average is $47.17 and its 200 day moving average is $47.25. The company has a market cap of $3.83 billion, a PE ratio of 16.56 and a beta of 0.76.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VNQI. Assetmark Inc. boosted its stake in Vanguard Global ex-U.S. Real Estate ETF by 93.5% during the third quarter. Assetmark Inc. now owns 1,850,404 shares of the company’s stock valued at $88,338,000 after buying an additional 893,939 shares during the period. Corient Private Wealth LLC boosted its position in shares of Vanguard Global ex-U.S. Real Estate ETF by 61.9% during the 2nd quarter. Corient Private Wealth LLC now owns 1,323,152 shares of the company’s stock valued at $61,064,000 after acquiring an additional 505,725 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Vanguard Global ex-U.S. Real Estate ETF by 354.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 477,888 shares of the company’s stock worth $21,906,000 after purchasing an additional 372,774 shares in the last quarter. CSM Advisors LLC bought a new position in shares of Vanguard Global ex-U.S. Real Estate ETF in the second quarter worth approximately $16,494,000. Finally, M&T Bank Corp raised its stake in Vanguard Global ex-U.S. Real Estate ETF by 193.0% in the fourth quarter. M&T Bank Corp now owns 535,363 shares of the company’s stock valued at $24,541,000 after purchasing an additional 352,642 shares in 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.