Grove Bank & Trust Increases Position in Vanguard FTSE Emerging Markets ETF $VWO

Grove Bank & Trust lifted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 17.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 227,564 shares of the exchange traded fund’s stock after purchasing an additional 33,905 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 1.3% of Grove Bank & Trust’s investment portfolio, making the stock its 17th largest holding. Grove Bank & Trust’s holdings in Vanguard FTSE Emerging Markets ETF were worth $13,583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Hager Investment Management Services LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $26,000. Scarborough Advisors LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter valued at approximately $26,000. Miller Capital Partners Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 4,575.0% during the 4th quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 549 shares during the period. Finally, Darwin Wealth Management LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 383.9% during the 1st quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 476 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $60.05 on Wednesday. The stock has a market cap of $123.29 billion, a P/E ratio of 15.08 and a beta of 0.60. The stock’s 50 day simple moving average is $59.22 and its 200 day simple moving average is $57.75. Vanguard FTSE Emerging Markets ETF has a 1-year low of $50.07 and a 1-year high of $61.51.

About Vanguard FTSE Emerging Markets ETF

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.