Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) Reaches New 1-Year High – Still a Buy?

Shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $73.91 and last traded at $73.8650, with a volume of 368713 shares changing hands. The stock had previously closed at $73.59.

Vanguard FTSE All-World ex-US ETF Trading Up 0.5%

The firm has a market capitalization of $52.74 billion, a price-to-earnings ratio of 15.97 and a beta of 0.77. The company’s 50 day moving average is $71.79 and its 200-day moving average is $68.45.

Hedge Funds Weigh In On Vanguard FTSE All-World ex-US ETF

Several large investors have recently modified their holdings of the stock. Mengis Capital Management Inc. lifted its position in shares of Vanguard FTSE All-World ex-US ETF by 0.9% during the 1st quarter. Mengis Capital Management Inc. now owns 25,748 shares of the company’s stock valued at $1,562,000 after acquiring an additional 227 shares during the period. Atlantic Union Bankshares Corp grew its holdings in Vanguard FTSE All-World ex-US ETF by 59.5% in the second quarter. Atlantic Union Bankshares Corp now owns 34,593 shares of the company’s stock worth $2,325,000 after purchasing an additional 12,908 shares during the period. AGF Management Ltd. increased its stake in Vanguard FTSE All-World ex-US ETF by 1.0% in the second quarter. AGF Management Ltd. now owns 345,135 shares of the company’s stock valued at $23,200,000 after purchasing an additional 3,397 shares in the last quarter. Glassman Wealth Services increased its stake in Vanguard FTSE All-World ex-US ETF by 7.0% in the first quarter. Glassman Wealth Services now owns 1,053,223 shares of the company’s stock valued at $63,889,000 after purchasing an additional 68,519 shares in the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in shares of Vanguard FTSE All-World ex-US ETF by 0.5% during the second quarter. Sax Wealth Advisors LLC now owns 34,537 shares of the company’s stock valued at $2,322,000 after purchasing an additional 168 shares during the period.

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.