First PREMIER Bank Has $8.35 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

First PREMIER Bank boosted its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2,042.9% during the second quarter, HoldingsChannel.com reports. The fund owned 139,827 shares of the exchange traded fund’s stock after purchasing an additional 133,302 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for 1.2% of First PREMIER Bank’s portfolio, making the stock its 19th largest holding. First PREMIER Bank’s holdings in Vanguard FTSE Emerging Markets ETF were worth $8,346,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the business. Axxcess Wealth Management LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 772,033 shares of the exchange traded fund’s stock worth $41,504,000 after buying an additional 41,390 shares in the last quarter. Sapient Capital LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 22.7% in the 2nd quarter. Sapient Capital LLC now owns 94,877 shares of the exchange traded fund’s stock worth $5,663,000 after acquiring an additional 17,581 shares in the last quarter. Manning & Napier Advisors LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 7.7% in the 4th quarter. Manning & Napier Advisors LLC now owns 458,789 shares of the exchange traded fund’s stock worth $24,687,000 after acquiring an additional 32,988 shares in the last quarter. JMG Financial Group Ltd. grew its position in Vanguard FTSE Emerging Markets ETF by 1.7% during the 1st quarter. JMG Financial Group Ltd. now owns 2,930,327 shares of the exchange traded fund’s stock worth $158,384,000 after acquiring an additional 48,048 shares during the last quarter. Finally, Cornerstone Financial Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $1,278,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $60.52 on Tuesday. The stock’s fifty day moving average is $59.39 and its 200-day moving average is $58.22. The stock has a market capitalization of $124.25 billion, a PE ratio of 15.08 and a beta of 0.60. Vanguard FTSE Emerging Markets ETF has a 52 week low of $51.01 and a 52 week 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.