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Bank of America Corp DE boosted its position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 1.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,238,465 shares of the exchange traded fund's stock after acquiring an additional 604,529
Allworth Financial LP reduced its position in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 31.6% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,474 shares of the exchange traded fund's stock after selling 54,148 shares during the quarter.
Beacon Pointe Advisors LLC trimmed its holdings in iShares MSCI EAFE ETF (NYSEARCA:EFA) by 2.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 626,173 shares of the exchange traded fund's stock after selling 16,461 shares during the period.
Blue Edge Capital LLC acquired a new position in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 44,064 shares of the exchange traded fund's stock, valued at approximately $4,530,000. Other
Over the past decade, U.S. stocks returned roughly 240.8% while Vanguard Total International Stock Index Fund Admiral Shares (NASDAQ:VTIAX) delivered 147.62%.
A currency-hedged EAFE ETF (HEFA) outperformed a non-hedged version (EFA) by 3% annually over the past decade. A stronger dollar hurts the value of unhedged international stock funds relative to hedged versions.
Institutional money continues to route developed-markets ex-U.S. exposure through iShares MSCI EAFE ETF (NYSEARCA:EFA), and the positioning data reflects a liquidity-driven bid. The smart money's preference for EFA over cheaper alternatives signals how the fund is used, and that utility may not translate to every long-term portfolio.
EFA has dominated international investing for over two decades and commands $75 billion in assets, yet iShares quietly placed a nearly identical fund on its own shelf that most long-term investors have no idea exists.