Frontier Asset Management LLC Boosts Stake in Vanguard FTSE Emerging Markets ETF $VWO

Frontier Asset Management LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.0% during the first quarter, Holdings Channel.com reports. The fund owned 250,935 shares of the exchange traded fund’s stock after buying an additional 16,333 shares during the period. Vanguard FTSE Emerging Markets ETF comprises approximately 2.8% of Frontier Asset Management LLC’s holdings, making the stock its 11th biggest position. Frontier Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $13,563,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its position 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 in the last quarter. Auto Owners Insurance Co increased its position in shares of Vanguard FTSE Emerging Markets ETF by 7,261.2% in the fourth 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 in the last quarter. Vanguard Group Inc. increased its position in shares of Vanguard FTSE Emerging Markets ETF by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock valued at $4,374,632,000 after buying an additional 4,319,682 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of 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 during the period. Finally, Morgan Stanley raised 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 period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA:VWO opened at $57.84 on Friday. The business’s 50 day moving average price is $59.41 and its 200-day moving average price is $57.44. Vanguard FTSE Emerging Markets ETF has a 1 year low of $49.37 and a 1 year high of $61.51. The firm has a market capitalization of $118.75 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59.

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.