Pinnacle Associates Ltd. Grows Position in Vanguard FTSE All-World ex-US ETF $VEU

Pinnacle Associates Ltd. raised its holdings in shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,016,807 shares of the company’s stock after buying an additional 23,687 shares during the quarter. Vanguard FTSE All-World ex-US ETF comprises about 1.0% of Pinnacle Associates Ltd.’s portfolio, making the stock its 20th biggest holding. Pinnacle Associates Ltd. owned approximately 0.14% of Vanguard FTSE All-World ex-US ETF worth $74,796,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position in shares of Vanguard FTSE All-World ex-US ETF by 18.7% during the 3rd quarter. Bank of America Corp DE now owns 23,964,732 shares of the company’s stock valued at $1,710,363,000 after acquiring an additional 3,773,620 shares during the last quarter. Northern Trust Corp boosted its position in shares of Vanguard FTSE All-World ex-US ETF by 2.9% during the 3rd quarter. Northern Trust Corp now owns 16,670,811 shares of the company’s stock valued at $1,189,796,000 after acquiring an additional 466,171 shares during the last quarter. Sanders Capital LLC boosted its position in shares of Vanguard FTSE All-World ex-US ETF by 184.8% during the 3rd quarter. Sanders Capital LLC now owns 9,042,229 shares of the company’s stock valued at $645,344,000 after acquiring an additional 5,866,945 shares during the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Vanguard FTSE All-World ex-US ETF by 0.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 7,684,416 shares of the company’s stock valued at $548,437,000 after acquiring an additional 28,213 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC boosted its position in shares of Vanguard FTSE All-World ex-US ETF by 3.7% during the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 7,176,678 shares of the company’s stock valued at $512,200,000 after acquiring an additional 254,165 shares during the last quarter.

Vanguard FTSE All-World ex-US ETF Trading Up 1.0%

Shares of VEU stock opened at $82.96 on Thursday. The company’s 50-day moving average price is $78.10 and its 200-day moving average price is $76.41. The stock has a market cap of $65.58 billion, a price-to-earnings ratio of 15.97 and a beta of 0.75. Vanguard FTSE All-World ex-US ETF has a twelve month low of $64.04 and a twelve month high of $83.80.

Vanguard FTSE All-World ex-US ETF Company 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.