Saxon Interests Inc. Invests $1.43 Million in Vanguard FTSE Emerging Markets ETF $VWO

Saxon Interests Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 26,505 shares of the exchange traded fund’s stock, valued at approximately $1,433,000.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Vanguard FTSE Emerging Markets ETF by 2.9% during the fourth quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock worth $6,318,678,000 after purchasing an additional 3,367,569 shares during the last quarter. Auto Owners Insurance Co increased its stake in Vanguard FTSE Emerging Markets ETF by 7,261.2% in the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock valued at $5,186,976,000 after buying an additional 95,173,216 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock worth $4,374,632,000 after buying an additional 4,319,682 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard FTSE Emerging Markets ETF by 4.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock worth $4,205,358,000 after buying an additional 3,390,486 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.7% during the 4th quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock worth $2,898,333,000 after buying an additional 2,927,985 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA VWO opened at $58.88 on Wednesday. The business has a 50-day moving average of $59.46 and a 200-day moving average of $57.16. The stock has a market capitalization of $120.89 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $49.37 and a fifty-two week high of $61.51.

Vanguard FTSE Emerging Markets ETF 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.