Sage Financial Management Group Inc. Invests $22.34 Million in Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU)

Sage Financial Management Group Inc. purchased a new position in shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 354,631 shares of the company’s stock, valued at approximately $22,342,000. Vanguard FTSE All-World ex-US ETF makes up approximately 8.7% of Sage Financial Management Group Inc.’s investment portfolio, making the stock its 3rd largest position.

Other hedge funds have also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its holdings in Vanguard FTSE All-World ex-US ETF by 767.0% during the first quarter. Cetera Investment Advisers now owns 1,187,320 shares of the company’s stock worth $69,636,000 after acquiring an additional 1,050,380 shares during the period. Captrust Financial Advisors lifted its stake in shares of Vanguard FTSE All-World ex-US ETF by 55.8% in the first quarter. Captrust Financial Advisors now owns 1,846,025 shares of the company’s stock valued at $108,269,000 after purchasing an additional 661,490 shares during the period. Kestra Investment Management LLC purchased a new stake in Vanguard FTSE All-World ex-US ETF during the second quarter worth about $37,253,000. CBIZ Investment Advisory Services LLC boosted its stake in shares of Vanguard FTSE All-World ex-US ETF by 12.6% during the 2nd quarter. CBIZ Investment Advisory Services LLC now owns 5,212,296 shares of the company’s stock worth $305,649,000 after acquiring an additional 583,649 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. grew its holdings in shares of Vanguard FTSE All-World ex-US ETF by 2,488.3% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 577,194 shares of the company’s stock worth $33,847,000 after acquiring an additional 554,894 shares during the period.

Vanguard FTSE All-World ex-US ETF Stock Performance

Shares of VEU stock opened at $62.12 on Friday. The stock has a fifty day moving average price of $61.40 and a 200 day moving average price of $59.76. The stock has a market cap of $41.19 billion, a PE ratio of 13.05 and a beta of 0.85. Vanguard FTSE All-World ex-US ETF has a 1 year low of $49.47 and a 1 year high of $63.81.

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.