Franklin Resources Inc. Increases Stake in Vanguard FTSE All-World ex-US ETF

In the recent third quarter, Franklin Resources Inc. has expanded its investment in the Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) by 4.3%, according to reports from HoldingsChannel.com. The institutional investor now holds a total of 79,085 shares of the fund, having added 3,258 shares during the quarter.

As of the latest reporting period, the value of Franklin Resources Inc.’s holdings in the Vanguard FTSE All-World ex-US ETF is approximately $4,940,000. This increase comes amid a wave of investment activity from various hedge funds, many of which have recently adjusted their positions in this ETF.

For instance, Farmers & Merchants Investments Inc. has significantly boosted its stake in the ETF by an impressive 190.0% during the second quarter. After acquiring an additional 285 shares, the firm now owns 435 shares valued at around $26,000. Additionally, Resources Management Corp CT ADV entered the scene by acquiring a new position in the ETF during the third quarter worth $26,000. Similarly, Reston Wealth Management LLC purchased a new position in the Vanguard FTSE All-World ex-US ETF during the same quarter, with its investment amounting to $27,000. Moreover, Hantz Financial Services Inc. made a new stake acquisition during the second quarter valued at $29,000.

Washington Trust Advisors Inc. has made headlines as well, boosting its stake in the fund by a staggering 1,718.2% during the third quarter. Now, the firm owns 600 shares, a gain of 567 shares during the reporting period, with a total value of approximately $38,000.

Recent Performance of Vanguard FTSE All-World ex-US ETF

On Tuesday, Vanguard FTSE All-World ex-US ETF saw its shares trading at $57.61, experiencing a modest increase of 0.6%. The ETF has recorded a 12-month low of $53.68 and a high of $63.81. Its 50-day moving average stands at $60.13, while the 200-day moving average is at $60.21. With a market capitalization of $38.20 billion, the ETF boasts a price-to-earnings ratio of 13.05 and a beta value of 0.85, indicating its relatively low volatility compared to the market.

Overview of Vanguard FTSE All-World ex-US ETF

The Vanguard FTSE All-World ex-US ETF is designed to track the performance of the FTSE All-World ex-US Index, which includes approximately 2,200 stocks of companies from 46 countries, spanning both developed and emerging markets globally. This index aims to provide investors with broad exposure to international equity markets through a passive investment strategy.

Conclusion

This recent activity highlights ongoing interest in the Vanguard FTSE All-World ex-US ETF among institutional investors, signaling confidence in the potential for international equity markets. Those looking to diversify their portfolios with international stocks may find this ETF an appealing option.

investment, ETF, finance