Lam Group Inc. Raises Stock Position in Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI)

Lam Group Inc. boosted its position in Vanguard Global ex-U.S. Real Estate ETF (NASDAQ:VNQI) by 10.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,185 shares of the company’s stock after purchasing an additional 5,675 shares during the quarter. Vanguard Global ex-U.S. Real Estate ETF comprises 1.9% of Lam Group Inc.’s investment portfolio, making the stock its 20th biggest position. Lam Group Inc. owned about 0.07% of Vanguard Global ex-U.S. Real Estate ETF worth $2,729,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. increased its stake in Vanguard Global ex-U.S. Real Estate ETF by 80.4% in the third quarter. Blue Trust Inc. now owns 572 shares of the company’s stock valued at $27,000 after acquiring an additional 255 shares during the last quarter. Family Firm Inc. purchased a new position in shares of Vanguard Global ex-U.S. Real Estate ETF during the second quarter worth approximately $29,000. Massmutual Trust Co. FSB ADV boosted its stake in shares of Vanguard Global ex-U.S. Real Estate ETF by 135.4% in the 3rd quarter. Massmutual Trust Co. FSB ADV now owns 612 shares of the company’s stock valued at $29,000 after purchasing an additional 352 shares in the last quarter. Farmers & Merchants Investments Inc. bought a new position in shares of Vanguard Global ex-U.S. Real Estate ETF during the 2nd quarter valued at $45,000. Finally, Ridgewood Investments LLC purchased a new position in Vanguard Global ex-U.S. Real Estate ETF in the 2nd quarter worth $48,000.

Vanguard Global ex-U.S. Real Estate ETF Price Performance

Vanguard Global ex-U.S. Real Estate ETF stock traded up $0.13 during mid-day trading on Friday, hitting $45.34. The company’s stock had a trading volume of 279,659 shares, compared to its average volume of 221,056. The business has a 50 day moving average price of $45.14 and a 200-day moving average price of $42.78. Vanguard Global ex-U.S. Real Estate ETF has a 12 month low of $36.58 and a 12 month high of $47.63. The stock has a market cap of $3.54 billion, a price-to-earnings ratio of 8.07 and a beta of 0.76.

About Vanguard Global ex-U.S. Real Estate ETF

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.