Absolute Capital Management LLC Acquires Shares of 42,900 Vanguard FTSE All-World ex-US ETF $VEU

Absolute Capital Management LLC bought a new position in shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 42,900 shares of the company’s stock, valued at approximately $3,062,000. Vanguard FTSE All-World ex-US ETF comprises approximately 1.3% of Absolute Capital Management LLC’s investment portfolio, making the stock its 19th largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of VEU. Brighton Jones LLC boosted its stake in Vanguard FTSE All-World ex-US ETF by 14.5% in the fourth quarter. Brighton Jones LLC now owns 31,032 shares of the company’s stock valued at $1,782,000 after buying an additional 3,941 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of Vanguard FTSE All-World ex-US ETF by 16.5% in the first quarter. AQR Capital Management LLC now owns 36,240 shares of the company’s stock worth $2,198,000 after acquiring an additional 5,134 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Vanguard FTSE All-World ex-US ETF by 781.8% in the 2nd quarter. Sound Income Strategies LLC now owns 1,358 shares of the company’s stock valued at $91,000 after purchasing an additional 1,204 shares in the last quarter. Provident Wealth Management LLC acquired a new stake in shares of Vanguard FTSE All-World ex-US ETF in the 2nd quarter valued at approximately $112,000. Finally, Trust Co. of Vermont grew its holdings in shares of Vanguard FTSE All-World ex-US ETF by 2.6% during the 2nd quarter. Trust Co. of Vermont now owns 100,321 shares of the company’s stock valued at $6,744,000 after purchasing an additional 2,548 shares during the last quarter.

Vanguard FTSE All-World ex-US ETF Price Performance

VEU stock opened at $78.72 on Thursday. The stock has a market cap of $57.94 billion, a price-to-earnings ratio of 15.97 and a beta of 0.77. The company has a 50 day simple moving average of $74.42 and a 200 day simple moving average of $71.87. Vanguard FTSE All-World ex-US ETF has a 1 year low of $53.65 and a 1 year high of $79.08.

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.