Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) Sees Large Volume Increase – Should You Buy?

Shares of Vanguard FTSE All-World ex-US ETF (NYSEARCA:VEU) saw unusually-high trading volume on Monday . Approximately 7,925,229 shares traded hands during mid-day trading, an increase of 260% from the previous session’s volume of 2,203,959 shares.The stock last traded at $59.86 and had previously closed at $60.00.

Vanguard FTSE All-World ex-US ETF Stock Down 0.4 %

The company’s fifty day simple moving average is $60.50 and its 200 day simple moving average is $60.24. The firm has a market capitalization of $39.63 billion, a PE ratio of 13.05 and a beta of 0.85.

Institutional Investors Weigh In On Vanguard FTSE All-World ex-US ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VEU. Resources Management Corp CT ADV purchased a new stake in shares of Vanguard FTSE All-World ex-US ETF in the 3rd quarter worth about $26,000. Reston Wealth Management LLC purchased a new stake in Vanguard FTSE All-World ex-US ETF in the third quarter worth about $27,000. Farmers & Merchants Investments Inc. increased its stake in shares of Vanguard FTSE All-World ex-US ETF by 190.0% during the second quarter. Farmers & Merchants Investments Inc. now owns 435 shares of the company’s stock valued at $26,000 after purchasing an additional 285 shares in the last quarter. Hantz Financial Services Inc. purchased a new position in shares of Vanguard FTSE All-World ex-US ETF during the second quarter valued at approximately $29,000. Finally, Washington Trust Advisors Inc. boosted its position in shares of Vanguard FTSE All-World ex-US ETF by 1,718.2% in the 3rd quarter. Washington Trust Advisors Inc. now owns 600 shares of the company’s stock worth $38,000 after purchasing an additional 567 shares in the last quarter.

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.