Independent Advisor Alliance Invests $11.37 Million in Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU)

Independent Advisor Alliance bought a new position in shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 198,113 shares of the company’s stock, valued at approximately $11,374,000.

Other hedge funds have also made changes to their positions in the company. Strategic Financial Concepts LLC acquired a new stake in shares of Vanguard FTSE All-World ex-US ETF during the fourth quarter worth about $68,510,000. Five Pine Wealth Management purchased a new position in Vanguard FTSE All-World ex-US ETF during the fourth quarter worth about $13,711,000. Fifth Third Wealth Advisors LLC raised its holdings in Vanguard FTSE All-World ex-US ETF by 6.3% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 8,761 shares of the company’s stock worth $503,000 after purchasing an additional 522 shares in the last quarter. Means Investment CO. Inc. raised its holdings in Vanguard FTSE All-World ex-US ETF by 6.2% during the fourth quarter. Means Investment CO. Inc. now owns 761,823 shares of the company’s stock worth $43,736,000 after purchasing an additional 44,602 shares in the last quarter. Finally, Common Fund For Nonprofit Organizations raised its holdings in Vanguard FTSE All-World ex-US ETF by 44.1% during the third quarter. Common Fund For Nonprofit Organizations now owns 20,627 shares of the company’s stock worth $1,299,000 after purchasing an additional 6,312 shares in the last quarter.

Vanguard FTSE All-World ex-US ETF Stock Down 2.2 %

NYSEARCA VEU opened at $61.01 on Tuesday. The stock has a market capitalization of $58.58 billion, a P/E ratio of 16.15 and a beta of 0.84. Vanguard FTSE All-World ex-US ETF has a 52-week low of $55.27 and a 52-week high of $63.81. The firm has a 50-day moving average price of $59.58 and a 200 day moving average price of $60.23.

About Vanguard FTSE All-World ex-US ETF

Vanguard FTSE All-World ex-US ETF (the Fund) is an exchange-traded share class of Vanguard FTSE All-World ex-US Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the FTSE All-World ex US Index (the Index). The Index includes approximately 2,200 stocks of companies in 46 countries, from both developed and emerging markets worldwide.