Evergreen Private Wealth LLC has made a significant investment in the Vanguard Total International Stock ETF (NASDAQ: VXUS) during the first quarter of the year. According to a recent filing with the Securities and Exchange Commission, Evergreen acquired 1,109 shares valued at approximately $69,000. This move reflects a growing interest among institutional investors in the ETF, which provides exposure to international markets outside the United States.
Several other institutional investors have also adjusted their holdings in the Vanguard ETF. Notably, Vanguard Group Inc. increased its stake by 12.7% in the fourth quarter, now owning a total of 75,377,737 shares worth approximately $4.44 billion after acquiring an additional 8,518,721 shares. This substantial increase underscores Vanguard’s commitment to this investment vehicle.
In the first quarter, Envestnet Asset Management Inc. raised its holdings by 1.5%, bringing its total to 12,632,241 shares valued at around $784.46 million. Similarly, Brooklyn FI LLC made headlines by lifting its position by an astounding 6,292.2% in the fourth quarter, now holding 10,254,313 shares worth approximately $635.20 million.
Another notable player, Cambridge Investment Research Advisors Inc., increased its stake by 1.0% in the first quarter, now owning 6,423,392 shares valued at $398.89 million. Lastly, Ameriprise Financial Inc. has also boosted its investment by 3.9%, holding 3,686,043 shares worth around $217.17 million.
Current Market Position of Vanguard ETF
As of Monday, the Vanguard Total International Stock ETF opened at $69.00, reflecting a slight decline of 0.7%. The ETF has a market capitalization of $95.95 billion, with a price-to-earnings (PE) ratio of 15.99 and a beta of 0.85, indicating lower volatility compared to the overall market. Over the past year, the ETF has experienced a low of $54.98 and a high of $69.56, demonstrating its resilience in fluctuating market conditions.
The ETF’s 50-day moving average stands at $67.49, while the 200-day moving average is at $63.53. These metrics provide insight into the ETF’s performance and potential future trends.
About the Vanguard Total International Stock ETF
The Vanguard Total International Stock ETF, launched on January 26, 2011, is designed to track the FTSE Global All Cap ex US index. This index is a market-cap-weighted representation of global stocks outside the United States, covering approximately 99% of the world’s market capitalization in those regions. Managed by Vanguard, the ETF serves as an effective tool for investors seeking diversification in international equities.
For those interested in the latest developments regarding the Vanguard Total International Stock ETF, resources such as HoldingsChannel.com provide updates on hedge fund holdings and 13F filings. Additionally, MarketBeat.com offers daily summaries of news and analyst ratings for the ETF and related investment options.
