Investment Analysis: Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares (NASDAQ:VNQI) – Recent Developments and Performance Highlights

The Manufacturers Life Insurance Company recently cut its stake in Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares by 37.5% during the third quarter, according to a disclosure with the Securities and Exchange Commission. The company owned 626,541 shares of the stock after selling 375,538 shares, worth $24,391,000. Other institutional investors and hedge funds have also made moves with VNQI shares, with Tower Research Capital LLC TRC increasing its stake by 223.0%, Macquarie Group Ltd. boosting its position by 153.8%, and AlphaCore Capital LLC and Credit Suisse AG also acquiring shares.

Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares (NASDAQ:VNQI) opened at $41.08 on Tuesday, with a market cap of $3.51 billion and a P/E ratio of 8.30. The company has a fifty-day moving average of $40.69 and a two-hundred-day moving average of $40.22. The stock has a one-year low of $36.58 and a one-year high of $43.70.

The company recently announced a quarterly dividend, with investors of record on Tuesday, December 19th receiving a dividend of $1.5914 per share. This represents an annualized dividend of $6.37 and a dividend yield of 15.50%. The ex-dividend date was Monday, December 18th.

Vanguard Global ex-U.S. Real Estate Index Fund ETF Shares is an exchange-traded fund based on the S&P Global x United States Property index, a market-cap-weighted index of non-US real estate investment trusts. Managed by Vanguard, VNQI was launched on Nov 1, 2010.

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