International Assets Investment Management LLC Acquires 136,860 Shares of Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI)

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Investment Firms Increase Stake in Vanguard Global ex-U.S. Real Estate ETF (VNQI)

International Assets Investment Management LLC made a significant move in the fourth quarter by increasing its stake in Vanguard Global ex-U.S. Real Estate ETF (VNQI) by a whopping 3,365.1%. This institutional investor now owns 140,927 shares of the company’s stock, valued at $6,002,000.

Other hedge funds and institutional investors also made changes to their holdings of VNQI during the same period. Phillips Financial Management LLC lifted its stake by 4.4%, Tritonpoint Wealth LLC acquired a new position, and Canal Capital Management LLC increased its holding by 4.6%. Prime Capital Investment Advisors LLC and Traveka Wealth LLC also added new stakes in VNQI.

Shares of VNQI opened at $42.26 on Wednesday with a market cap of $3.60 billion. The stock has a PE ratio of 8.07 and a beta of 0.76. The fifty-day simple moving average is $41.06, and the two-hundred day simple moving average is $40.74. The stock has a fifty-two week range of $36.58 to $43.70.

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

Investors who are interested in tracking the latest 13F filings and insider trades for VNQI can visit HoldingsChannel.com for more information.

With International Assets Investment Management LLC’s substantial increase in stake in VNQI, the ETF’s performance and future outlook are worth keeping an eye on in the coming months.

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