Investment Update: Modera Wealth Management LLC Increases Position in Vanguard Global ex-U.S. Real Estate ETF

Modera Wealth Management LLC, a prominent institutional investor, has increased its position in the Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI). According to HoldingsChannel, Modera Wealth Management LLC added 319 shares to its portfolio in the third quarter, bringing its total holdings to 20,779 shares valued at $809,000.

This news comes as several other institutional investors have also made significant moves with the Vanguard Global ex-U.S. Real Estate ETF. AlphaCore Capital LLC saw a 489.5% increase in its position, while Tower Research Capital LLC TRC and Macquarie Group Ltd. experienced substantial growth as well. Credit Suisse AG and Allworth Financial LP also made notable investments in the ETF.

The Vanguard Global ex-U.S. Real Estate ETF is currently trading up 0.2%, with shares opening at $40.85. The ETF has a market cap of $3.49 billion and a PE ratio of 8.30. It has a 12-month low of $36.58 and a high of $43.70.

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

Investors interested in tracking the latest 13F filings and insider trades for the Vanguard Global ex-U.S. Real Estate ETF can visit HoldingsChannel.com for more information.

As the ETF continues to attract investment from institutional players, it remains a competitive option for those looking to gain exposure to the global real estate market. Stay tuned for further updates on VNQI and its performance in the market.