Tandem Wealth Advisors LLC Raises Stock Holdings in iShares MSCI EAFE ETF $EFA

Tandem Wealth Advisors LLC raised its holdings in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) by 3.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 235,056 shares of the exchange traded fund’s stock after acquiring an additional 6,741 shares during the period. iShares MSCI EAFE ETF comprises approximately 10.2% of Tandem Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Tandem Wealth Advisors LLC’s holdings in iShares MSCI EAFE ETF were worth $22,831,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in EFA. Northwestern Mutual Wealth Management Co. raised its position in iShares MSCI EAFE ETF by 359.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,306,948 shares of the exchange traded fund’s stock worth $1,085,806,000 after purchasing an additional 8,846,240 shares during the period. Morgan Stanley boosted its position in iShares MSCI EAFE ETF by 15.5% during the fourth quarter. Morgan Stanley now owns 31,617,599 shares of the exchange traded fund’s stock valued at $3,036,238,000 after buying an additional 4,244,605 shares during the period. Bank of America Corp DE boosted its position in iShares MSCI EAFE ETF by 9.5% during the fourth quarter. Bank of America Corp DE now owns 40,215,965 shares of the exchange traded fund’s stock valued at $3,861,939,000 after buying an additional 3,481,849 shares during the period. Fifth Third Bancorp grew its stake in shares of iShares MSCI EAFE ETF by 214.8% during the first quarter. Fifth Third Bancorp now owns 3,734,895 shares of the exchange traded fund’s stock valued at $362,770,000 after buying an additional 2,548,421 shares during the last quarter. Finally, Valpey Financial Services LLC grew its stake in shares of iShares MSCI EAFE ETF by 9,468.5% during the fourth quarter. Valpey Financial Services LLC now owns 2,091,588 shares of the exchange traded fund’s stock valued at $200,855,000 after buying an additional 2,069,729 shares during the last quarter. 79.80% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI EAFE ETF Trading Down 0.5%

EFA opened at $103.33 on Friday. The company has a market cap of $76.51 billion, a P/E ratio of 16.48 and a beta of 0.78. The business’s 50-day moving average price is $103.78 and its 200-day moving average price is $101.57. iShares MSCI EAFE ETF has a 12 month low of $86.74 and a 12 month high of $105.94.

About iShares MSCI EAFE ETF

iShares MSCI EAFE ETF, formerly iShares MSCI EAFE Index Fund (the Fund), is an exchange-traded fund. The Fund’s investment objective is to seek investment results that correspond to the price and yield performance of its underlying index, MSCI EAFE Index (the Index). The Index has been developed by MSCI Inc as an equity benchmark for its international stock performance. The Index includes stocks from Europe, Australasia and the Far East. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.