Sumitomo Life Insurance Co. Makes New $106.72 Million Investment in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Sumitomo Life Insurance Co. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,423,347 shares of the exchange traded fund’s stock, valued at approximately $106,724,000. Vanguard FTSE Emerging Markets ETF accounts for about 2.0% of Sumitomo Life Insurance Co.’s investment portfolio, making the stock its 6th biggest holding. Sumitomo Life Insurance Co. owned 0.13% of Vanguard FTSE Emerging Markets ETF at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Foster Group Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 21.4% in the 4th quarter. Foster Group Inc. now owns 193,179 shares of the exchange traded fund’s stock valued at $8,508,000 after acquiring an additional 34,009 shares in the last quarter. Baker Boyer National Bank raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 7.3% in the 4th quarter. Baker Boyer National Bank now owns 31,378 shares of the exchange traded fund’s stock valued at $1,382,000 after purchasing an additional 2,136 shares during the period. SteelPeak Wealth LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $2,850,000. RCS Financial Planning LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.5% during the fourth quarter. RCS Financial Planning LLC now owns 10,536 shares of the exchange traded fund’s stock worth $464,000 after buying an additional 359 shares during the period. Finally, NorthStar Asset Management LLC NJ grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.1% during the fourth quarter. NorthStar Asset Management LLC NJ now owns 16,226 shares of the exchange traded fund’s stock worth $715,000 after buying an additional 488 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $44.11 on Wednesday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $39.43 and a 52 week high of $49.57. The stock’s 50 day moving average price is $44.86 and its two-hundred day moving average price is $45.30. The stock has a market capitalization of $79.84 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80.

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.