Spruce Investment Advisors’s Vanguard FTSE All-World ex-US ETF VEU Stock Holding History

Spruce Investment Advisors’s Portfolio VEU Stock Details VEU Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q3	–	Sell	-11,159	Closed	-$478K	–	28
2016 Q2	$478K	Hold	11,159	–	–	0.27%	26
2016 Q1	$482K	Hold	11,159	–	–	0.3%	26
2015 Q4	$484K	Hold	11,159	–	–	0.36%	27
2015 Q3	$476K	Hold	11,159	–	–	0.15%	29
2015 Q2	$542K	Hold	11,159	–	–	0.15%	31
2015 Q1	$544K	Sell	11,159 -408	-4%	-$19.6K	0.14%	33
2014 Q4	$542K	Hold	11,567	–	–	0.15%	28
2014 Q3	$570K	Sell	11,567 -1,626	-12%	-$84K	0.15%	24
2014 Q2	$690K	Sell	13,193 -583	-4%	-$30K	0.21%	17
2014 Q1	$693K	Hold	13,776	–	–	0.27%	12
2013 Q4	$699K	Hold	13,776	–	–	0.32%	11
2013 Q3	$670K	Hold	13,776	–	–	0.48%	15
2013 Q2	$609K	Buy	+13,776	New	+$644K	0.75%	12

Other funds holding VEU

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Jones Financial Companies Des Peres, Missouri $208B AUM 16.12% 1-Year Est. Return

Valmark Advisers Akron, Ohio $8.42B AUM 14.36% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

QS Investors New York $8.47B AUM 30.71% 1-Year Est. Return

MFRM

Milliman Financial Risk Management Chicago, Illinois $6.4B AUM 12.26% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

FMI

Factory Mutual Insurance Waltham, Massachusetts $8.89B AUM 25.87% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Spruce Investment Advisors's VEU Position: Q3 2016 in Review

Spruce Investment Advisors sold out of Vanguard FTSE All-World ex-US ETF (VEU) in Q3 2016, closing a stake of 11,159 shares — an estimated $478K sold.

Spruce Investment Advisors first reported a position in VEU in Q2 2013 and held it in 13 quarters. The position peaked at $699K in Q4 2013. 508 funds tracked by Wall St. Rank hold VEU as of Q3 2016.

Spruce Investment Advisors reported no remaining Vanguard FTSE All-World ex-US ETF position as of Q3 2016 after selling out during the quarter.
Spruce Investment Advisors sold 11,159 Vanguard FTSE All-World ex-US ETF shares in Q3 2016, an estimated $478K.
Spruce Investment Advisors first reported a position in Vanguard FTSE All-World ex-US ETF in Q2 2013 and held it in 13 quarters.
Spruce Investment Advisors's Vanguard FTSE All-World ex-US ETF position peaked at $699K in Q4 2013.
508 funds tracked by Wall St. Rank held Vanguard FTSE All-World ex-US ETF as of Q3 2016.

Based on Spruce Investment Advisors's 13F filing for Q3 2016, filed 10 Nov 2016.