Pinnacle Wealth Planning Services Inc. Acquires New Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Pinnacle Wealth Planning Services Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,417 shares of the exchange traded fund’s stock, valued at approximately $218,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.7% in the first quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock worth $3,213,045,000 after purchasing an additional 3,177,817 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard FTSE Emerging Markets ETF by 3.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock worth $3,101,224,000 after buying an additional 2,276,593 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 44,048,578 shares of the exchange traded fund’s stock valued at $2,178,569,000 after buying an additional 243,030 shares during the last quarter. Northern Trust Corp increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.1% in the first quarter. Northern Trust Corp now owns 43,520,365 shares of the exchange traded fund’s stock valued at $1,969,732,000 after buying an additional 1,710,474 shares during the period. Finally, Empower Advisory Group LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.3% in the second quarter. Empower Advisory Group LLC now owns 34,535,105 shares of the exchange traded fund’s stock valued at $1,708,106,000 after buying an additional 452,134 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Price Performance

Vanguard FTSE Emerging Markets ETF stock opened at $53.92 on Thursday. The stock’s 50 day moving average is $54.48 and its 200 day moving average is $51.27. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $56.04. The firm has a market cap of $101.96 billion, a P/E ratio of 15.08 and a beta of 0.55.

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.