Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) Shares Gap Down – Should You Sell?

Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI)’s share price gapped down prior to trading on Friday . The stock had previously closed at $47.51, but opened at $45.46. Vanguard Global ex-U.S. Real Estate ETF shares last traded at $45.4950, with a volume of 15,334 shares changing hands.

Vanguard Global ex-U.S. Real Estate ETF Trading Down 4.1%

The company has a market cap of $3.43 billion, a PE ratio of 16.56 and a beta of 0.76. The firm’s 50-day simple moving average is $47.44 and its two-hundred day simple moving average is $46.82.

Hedge Funds Weigh In On Vanguard Global ex-U.S. Real Estate ETF

A number of institutional investors have recently bought and sold shares of the business. Assetmark Inc. boosted its holdings in shares of Vanguard Global ex-U.S. Real Estate ETF by 93.5% in the 3rd quarter. Assetmark Inc. now owns 1,850,404 shares of the company’s stock valued at $88,338,000 after acquiring an additional 893,939 shares during the last quarter. Ballentine Partners LLC lifted its position in Vanguard Global ex-U.S. Real Estate ETF by 4.2% during the third quarter. Ballentine Partners LLC now owns 1,499,316 shares of the company’s stock valued at $71,577,000 after purchasing an additional 60,596 shares during the period. Corient Private Wealth LLC boosted its holdings in Vanguard Global ex-U.S. Real Estate ETF by 61.9% in the second quarter. Corient Private Wealth LLC now owns 1,323,152 shares of the company’s stock valued at $61,064,000 after purchasing an additional 505,725 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Vanguard Global ex-U.S. Real Estate ETF by 19.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 814,249 shares of the company’s stock worth $37,578,000 after purchasing an additional 135,238 shares during the period. Finally, Bank of America Corp DE grew its position in Vanguard Global ex-U.S. Real Estate ETF by 8.8% during the 3rd quarter. Bank of America Corp DE now owns 726,109 shares of the company’s stock worth $34,664,000 after purchasing an additional 58,895 shares during the period.

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.