Envestnet Asset Management Inc. Purchases 503,443 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Envestnet Asset Management Inc. grew its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 1.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,425,421 shares of the exchange traded fund’s stock after acquiring an additional 503,443 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 0.6% of Envestnet Asset Management Inc.’s holdings, making the stock its 27th largest position. Envestnet Asset Management Inc. owned 2.34% of Vanguard FTSE Emerging Markets ETF worth $1,868,416,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of VWO. Brooklyn FI LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 6,596.9% during the fourth quarter. Brooklyn FI LLC now owns 15,718,253 shares of the exchange traded fund’s stock worth $730,113,000 after buying an additional 15,483,542 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $268,180,000. Sumitomo Life Insurance Co. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $106,724,000. Freestone Capital Holdings LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 186.7% in the fourth quarter. Freestone Capital Holdings LLC now owns 3,295,732 shares of the exchange traded fund’s stock valued at $145,144,000 after acquiring an additional 2,146,078 shares during the period. Finally, Life Planning Partners Inc increased its stake in Vanguard FTSE Emerging Markets ETF by 4,311.0% in the fourth quarter. Life Planning Partners Inc now owns 2,137,450 shares of the exchange traded fund’s stock valued at $94,133,000 after acquiring an additional 2,088,993 shares during the period.

Vanguard FTSE Emerging Markets ETF Stock Down 5.6 %

Shares of VWO opened at $42.13 on Friday. The company has a 50-day moving average price of $45.37 and a two-hundred day moving average price of $45.73. The stock has a market cap of $108.70 billion, a price-to-earnings ratio of 15.13 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 12 month low of $40.72 and a 12 month high of $49.57.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.0468 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.