Global Wealth Management LLC Takes $2.91 Million Position in Vanguard FTSE All-World ex-US ETF $VEU

Global Wealth Management LLC purchased a new stake in shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) during the first quarter, Holdings Channel.com reports. The fund purchased 38,709 shares of the company’s stock, valued at approximately $2,907,000. Vanguard FTSE All-World ex-US ETF makes up about 1.6% of Global Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in VEU. Gradient Investments LLC lifted its holdings in Vanguard FTSE All-World ex-US ETF by 4.1% during the fourth quarter. Gradient Investments LLC now owns 3,489 shares of the company’s stock valued at $257,000 after purchasing an additional 136 shares during the last quarter. Common Fund For Nonprofit Organizations boosted its position in Vanguard FTSE All-World ex-US ETF by 0.5% during the third quarter. Common Fund For Nonprofit Organizations now owns 28,147 shares of the company’s stock worth $2,009,000 after purchasing an additional 137 shares during the period. Intelligent Financial Strategies increased its stake in shares of Vanguard FTSE All-World ex-US ETF by 5.9% in the fourth quarter. Intelligent Financial Strategies now owns 2,474 shares of the company’s stock worth $182,000 after purchasing an additional 137 shares in the last quarter. Brown Lisle Cummings Inc. increased its stake in shares of Vanguard FTSE All-World ex-US ETF by 0.6% in the fourth quarter. Brown Lisle Cummings Inc. now owns 21,555 shares of the company’s stock worth $1,586,000 after purchasing an additional 138 shares in the last quarter. Finally, Gleason Group Inc. raised its position in shares of Vanguard FTSE All-World ex-US ETF by 1.7% in the fourth quarter. Gleason Group Inc. now owns 8,170 shares of the company’s stock valued at $601,000 after purchasing an additional 139 shares during the period.

Vanguard FTSE All-World ex-US ETF Price Performance

NYSEARCA VEU opened at $84.92 on Monday. The firm has a market cap of $67.13 billion, a P/E ratio of 15.97 and a beta of 0.75. The company’s 50 day moving average is $82.15 and its 200-day moving average is $78.45. Vanguard FTSE All-World ex-US ETF has a 12-month low of $64.48 and a 12-month high of $85.74.

Vanguard FTSE All-World ex-US ETF Profile

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. The Fund invests in a diversified sampling of stocks in the Index that approximates the Index’s key risk factors and characteristics.