SVRN Asset Management LLC Makes New $3.31 Million Investment in Vanguard FTSE All-World ex-US ETF $VEU

SVRN Asset Management LLC purchased a new position in Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 44,976 shares of the company’s stock, valued at approximately $3,308,000. Vanguard FTSE All-World ex-US ETF comprises 2.7% of SVRN Asset Management LLC’s holdings, making the stock its 10th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE grew its position in Vanguard FTSE All-World ex-US ETF by 18.7% in the third quarter. Bank of America Corp DE now owns 23,964,732 shares of the company’s stock worth $1,710,363,000 after buying an additional 3,773,620 shares during the last quarter. Northern Trust Corp grew its position in Vanguard FTSE All-World ex-US ETF by 2.9% in the third quarter. Northern Trust Corp now owns 16,670,811 shares of the company’s stock worth $1,189,796,000 after buying an additional 466,171 shares during the last quarter. Sanders Capital LLC grew its position in Vanguard FTSE All-World ex-US ETF by 184.8% in the third quarter. Sanders Capital LLC now owns 9,042,229 shares of the company’s stock worth $645,344,000 after buying an additional 5,866,945 shares during the last quarter. PNC Financial Services Group Inc. grew its position in Vanguard FTSE All-World ex-US ETF by 4.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,008,451 shares of the company’s stock worth $589,102,000 after buying an additional 324,035 shares during the last quarter. Finally, UBS Group AG grew its position in Vanguard FTSE All-World ex-US ETF by 2.4% in the third quarter. UBS Group AG now owns 6,823,285 shares of the company’s stock worth $486,978,000 after buying an additional 160,538 shares during the last quarter.

Vanguard FTSE All-World ex-US ETF Stock Performance

NYSEARCA VEU opened at $83.79 on Friday. Vanguard FTSE All-World ex-US ETF has a twelve month low of $64.48 and a twelve month high of $85.06. The stock has a market cap of $66.24 billion, a price-to-earnings ratio of 15.97 and a beta of 0.75. The firm’s 50 day moving average price is $81.32 and its two-hundred day moving average price is $77.97.

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.