Vanguard FTSE All-World ex-US ETF $VEU is Cornerstone Advisors Asset Management LLC’s 3rd Largest Position

Cornerstone Advisors Asset Management LLC increased its holdings in shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) by 19.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 722,555 shares of the company’s stock after buying an additional 119,734 shares during the period. Vanguard FTSE All-World ex-US ETF accounts for approximately 8.0% of Cornerstone Advisors Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Cornerstone Advisors Asset Management LLC’s holdings in Vanguard FTSE All-World ex-US ETF were worth $60,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE All-World ex-US ETF by 4.5% during the first quarter. Bank of America Corp DE now owns 34,569,513 shares of the company’s stock valued at $2,596,170,000 after purchasing an additional 1,478,364 shares during the last quarter. Northern Trust Corp boosted its holdings in Vanguard FTSE All-World ex-US ETF by 2.1% in the fourth quarter. Northern Trust Corp now owns 17,025,160 shares of the company’s stock worth $1,252,371,000 after purchasing an additional 354,349 shares during the last quarter. Wells Fargo & Company MN grew its position in Vanguard FTSE All-World ex-US ETF by 2.6% in the 4th quarter. Wells Fargo & Company MN now owns 8,924,696 shares of the company’s stock worth $656,501,000 after purchasing an additional 228,689 shares during the period. PNC Financial Services Group Inc. grew its position in Vanguard FTSE All-World ex-US ETF by 3.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 8,246,925 shares of the company’s stock worth $619,344,000 after purchasing an additional 238,474 shares during the period. Finally, Raymond James Financial Inc. raised its stake in Vanguard FTSE All-World ex-US ETF by 1.4% during the 4th quarter. Raymond James Financial Inc. now owns 6,275,046 shares of the company’s stock valued at $461,592,000 after buying an additional 87,964 shares during the last quarter.

Vanguard FTSE All-World ex-US ETF Stock Performance

Shares of NYSEARCA:VEU opened at $86.41 on Friday. The stock’s 50-day simple moving average is $83.89 and its two-hundred day simple moving average is $81.50. The stock has a market capitalization of $69.48 billion, a price-to-earnings ratio of 15.97 and a beta of 0.76. Vanguard FTSE All-World ex-US ETF has a 52-week low of $69.50 and a 52-week high of $86.52.

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