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

Shares of Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) 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 traded.

Vanguard Global ex-U.S. Real Estate ETF Trading Down 4.4%

The company has a market cap of $3.41 billion, a PE ratio of 16.56 and a beta of 0.76. The stock has a fifty day simple moving average of $47.41 and a two-hundred day simple moving average of $46.84.

Institutional Investors Weigh In On Vanguard Global ex-U.S. Real Estate ETF

Hedge funds have recently made changes to their positions in the company. Citizens Financial Group Inc. RI purchased a new position in Vanguard Global ex-U.S. Real Estate ETF during the second quarter valued at approximately $215,000. Balefire LLC grew its position in Vanguard Global ex-U.S. Real Estate ETF by 315.8% in the third quarter. Balefire LLC now owns 19,897 shares of the company’s stock worth $950,000 after acquiring an additional 15,112 shares in the last quarter. Avior Wealth Management LLC raised its holdings in Vanguard Global ex-U.S. Real Estate ETF by 3.5% during the second quarter. Avior Wealth Management LLC now owns 101,073 shares of the company’s stock valued at $4,665,000 after buying an additional 3,400 shares in the last quarter. Prairiewood Capital LLC increased its holdings in shares of Vanguard Global ex-U.S. Real Estate ETF by 3.0% during the 2nd quarter. Prairiewood Capital LLC now owns 57,199 shares of the company’s stock valued at $2,640,000 after acquiring an additional 1,644 shares during the last quarter. Finally, Cypress Point Wealth Management LLC raised its holdings in Vanguard Global ex-U.S. Real Estate ETF by 106.0% in the 3rd quarter. Cypress Point Wealth Management LLC now owns 126,814 shares of the company’s stock worth $6,054,000 after acquiring an additional 65,258 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.