WealthShield Partners LLC has increased its investment in the Vanguard FTSE All-World ex-US ETF (NYSEARCA: VEU) by an impressive 42.6% during the second quarter of 2023. According to Holdings Channel, the institutional investor now holds 20,899 shares of the ETF, worth approximately $1.41 million at the close of the quarter. This significant boost reflects a growing trend among institutional investors to enhance their portfolios with international assets.
Several other major investors have also adjusted their holdings in the Vanguard FTSE All-World ex-US ETF. Notably, Mullooly Asset Management Inc. acquired a new stake valued at $502.4 million in the first quarter. Additionally, Wealthspire Advisors LLC dramatically increased its position by 106.9%, now owning 2,061,456 shares valued at around $125 million after purchasing an additional 1,064,977 shares.
The upward momentum continued with Euclidean Capital LLC, which raised its holdings by 96.5%, now owning 1,991,884 shares worth about $120.8 million following a purchase of 978,450 shares. Furthermore, Goldman Sachs Group Inc. increased its stake by 26.1%, bringing its total to 2,394,320 shares valued at $145.2 million after acquiring an additional 495,214 shares.
Another notable increase came from Zions Bancorporation National Association UT, which boosted its position in the ETF by a staggering 685.7% during the second quarter. They now own 548,781 shares valued at approximately $36.9 million after purchasing 478,933 shares in the latest quarter.
Current Market Performance of Vanguard FTSE All-World ex-US ETF
As of Friday, shares of the Vanguard FTSE All-World ex-US ETF opened at $73.03. The ETF has shown notable price stability with a 50-day moving average of $72.03 and a 200-day moving average of $68.64. Over the past year, the fund has experienced a low of $53.65 and a high of $73.99. With a market capitalization of $52.08 billion and a price-to-earnings ratio of 15.97, the ETF maintains a beta of 0.77, indicating lower volatility compared to the broader market.
The Vanguard FTSE All-World ex-US ETF is designed to track the performance of the FTSE All-World ex-US Index, which includes approximately 2,200 stocks from both developed and emerging markets across 46 countries. This passive management approach aims to provide investors with broad exposure to international equity markets outside the United States.
Investors interested in the latest adjustments to holdings in the Vanguard FTSE All-World ex-US ETF can find additional information and insights through platforms like HoldingsChannel.com, which tracks 13F filings and insider trades.
