Envestnet Asset Management Inc. Boosts Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Envestnet Asset Management Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 1.6% during the second quarter, Holdings Channel reports. The institutional investor owned 40,194,652 shares of the exchange traded fund’s stock after purchasing an additional 629,936 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,399,219,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of VWO. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 23.2% in the 1st quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock valued at $7,826,778,000 after acquiring an additional 27,271,317 shares during the last quarter. Auto Owners Insurance Co grew its position in Vanguard FTSE Emerging Markets ETF by 7,261.2% during the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after acquiring an additional 95,173,216 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew 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 acquiring an additional 3,390,486 shares during the last quarter. Wit LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 7.0% in the 4th quarter. Wit LLC now owns 41,074,353 shares of the exchange traded fund’s stock worth $2,208,157,000 after purchasing an additional 2,671,801 shares during the period. Finally, LPL Financial LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 1.4% in the 4th quarter. LPL Financial LLC now owns 16,478,310 shares of the exchange traded fund’s stock worth $885,874,000 after purchasing an additional 228,267 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Down 1.6%

VWO stock traded down $0.98 during midday trading on Wednesday, hitting $60.12. The company had a trading volume of 5,590,590 shares, compared to its average volume of 9,651,840. The stock has a market cap of $126.62 billion, a price-to-earnings ratio of 15.08 and a beta of 0.60. Vanguard FTSE Emerging Markets ETF has a 52 week low of $52.20 and a 52 week high of $61.53. The stock’s 50 day moving average price is $59.81 and its 200 day moving average price is $58.53.

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.