The Manufacturers Life Insurance Company Holds $1.21 Million in Vanguard FTSE All-World ex-US ETF

The Manufacturers Life Insurance Company has recently made adjustments to its holdings in the Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU). According to their latest filing with the Securities and Exchange Commission (SEC), the company reduced its investment in this ETF by 15.0% during the second quarter of the year. Following this reduction, the firm now owns a total of 20,548 shares valued at approximately $1.21 million.

During the second quarter, Manufacturers Life Insurance Company sold 3,621 shares of the Vanguard ETF. Despite this decrease, the ETF has remained a key component in their investment portfolio.

Other institutional investors and hedge funds have also been active in adjusting their stakes in Vanguard FTSE All-World ex-US ETF. For instance, Farmers & Merchants Investments Inc. significantly increased its holdings by 190.0% during the same quarter, which brings their total to 435 shares, now valued at around $26,000 after acquiring an additional 285 shares. Similarly, HighMark Wealth Management LLC grew its position by 75.8% in the first quarter, owning 457 shares worth about $27,000 after purchasing 197 more shares.

Other notable transactions include Hantz Financial Services Inc., which acquired a new position valued at $29,000 in the second quarter, and SOA Wealth Advisors LLC, which enhanced its investment by 97.7% in the first quarter, resulting in 516 shares worth $30,000 after buying an additional 255 shares. Fairman Group LLC also entered the market, acquiring a new stake valued at $30,000 in early 2024.

Performance of Vanguard FTSE All-World ex-US ETF

As of the most recent trading, Vanguard FTSE All-World ex-US ETF shares were priced at $62.47. The ETF boasts a market capitalization of $41.42 billion and has a price-to-earnings (PE) ratio of 13.05, with a beta of 0.85. The stock's 50-day moving average stands at $60.94, while the 200-day moving average is at $59.65. Over the past year, the ETF has experienced a low of $49.47 and a high of $63.81.

About Vanguard FTSE All-World ex-US ETF

The Vanguard FTSE All-World ex-US ETF is an exchange-traded share class of the Vanguard FTSE All-World ex-US Index Fund. This fund employs an indexing investment approach aimed at tracking the performance of the FTSE All-World ex-US Index, which includes approximately 2,200 stocks from companies located in 46 countries across both developed and emerging markets.

Looking Ahead

For investors interested in staying updated on institutional holdings and trends regarding the Vanguard FTSE All-World ex-US ETF, regular monitoring of 13F filings and financial news is advisable. This can provide insights into the movements and decisions of other significant stakeholders in the ETF.

Investments, Holdings, ETFs