Meridian Management Co. Buys 13,565 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Meridian Management Co. boosted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.1% during the 4th quarter, HoldingsChannel reports. The fund owned 277,313 shares of the exchange traded fund’s stock after buying an additional 13,565 shares during the period. Vanguard FTSE Emerging Markets ETF comprises 3.7% of Meridian Management Co.’s portfolio, making the stock its 7th largest position. Meridian Management Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $14,908,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Jaffetilchin Investment Partners LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 1.6% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 11,406 shares of the exchange traded fund’s stock valued at $613,000 after acquiring an additional 178 shares in the last quarter. Veery Capital LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 1.0% in the fourth quarter. Veery Capital LLC now owns 18,568 shares of the exchange traded fund’s stock valued at $998,000 after acquiring an additional 179 shares in the last quarter. Berger Financial Group Inc raised its holdings in Vanguard FTSE Emerging Markets ETF by 0.5% in the fourth quarter. Berger Financial Group Inc now owns 39,098 shares of the exchange traded fund’s stock valued at $2,102,000 after acquiring an additional 181 shares in the last quarter. Darden Wealth Group Inc raised its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% in the third quarter. Darden Wealth Group Inc now owns 7,084 shares of the exchange traded fund’s stock valued at $384,000 after acquiring an additional 184 shares in the last quarter. Finally, Patton Albertson Miller Group LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 2.8% in the fourth quarter. Patton Albertson Miller Group LLC now owns 6,810 shares of the exchange traded fund’s stock valued at $366,000 after acquiring an additional 185 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $61.19 on Wednesday. The stock has a market capitalization of $124.47 billion, a PE ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 12-month low of $47.22 and a 12-month high of $61.35. The firm’s fifty day moving average price is $57.49 and its 200 day moving average price is $56.17.

Vanguard FTSE Emerging Markets ETF Company Profile

The Fund seeks to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, that measures the return of stocks issued by companies located in emerging market countries.