Core Insights - Financial Connections Group sold 34,146 shares of the Vanguard International Dividend Appreciation ETF (NASDAQ: VIGI) for an estimated value of $3.09 million during the fourth quarter [2][3][7] - The end-of-quarter value of the position decreased by $2.90 million, influenced by both share sales and price movement [3][7] - Post-sale, VIGI accounts for 2.66% of Financial Connections Group's 13F reportable assets, down from 4.1% in the previous quarter [4] ETF Overview - The Vanguard International Dividend Appreciation ETF has an Assets Under Management (AUM) of $9.39 billion and a yield of 2.10% [5] - As of January 22, VIGI shares were priced at $92.66, reflecting a 13% increase over the past year, compared to a 14% gain for the S&P 500 [4] - The ETF focuses on high-quality international companies (excluding the U.S.) with a consistent record of growing dividends [6][9] Investment Strategy - VIGI's investment strategy aims to track an index of international companies known for dividend growth, providing investors with a diversified portfolio [6][9] - The ETF employs a passive management approach, designed to closely mirror the performance of its target index by holding constituent stocks in similar proportions [10]

Core Insights - FFG Partners disclosed a new position in the iShares MSCI ACWI ex U.S. ETF, acquiring 122,025 shares valued at approximately $8.19 million, which increased the fund's quarter-end valuation [2][3] - The new position represents 2.38% of FFG Partners' reportable U.S. equity assets under management as of December 31, and the ETF has shown a significant price increase of 32% over the past year, outperforming the S&P 500 [4][11] ETF Overview - The iShares MSCI ACWI ex U.S. ETF has an assets under management (AUM) of $7.87 billion and a current price of $70.15, with a dividend yield of 2.8% [5][10] - The ETF aims to track the performance of the MSCI ACWI ex U.S. Index, providing exposure to over 1,750 companies across developed and emerging markets, with a diversified portfolio across various sectors [9][12] Investment Implications - The performance of ACWX reflects improving earnings trends abroad and more reasonable valuations compared to large-cap U.S. stocks, indicating a shift in relevance for non-U.S. equities [11] - The allocation to ACWX complements FFG Partners' heavy exposure to U.S. growth stocks, adding geographic diversification while maintaining equity upside, which is essential for building resilient investment portfolios [13]