Penobscot Wealth Management Purchases 16,565 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Penobscot Wealth Management raised its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 232,078 shares of the exchange traded fund’s stock after buying an additional 16,565 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up approximately 3.7% of Penobscot Wealth Management’s portfolio, making the stock its 5th biggest position. Penobscot Wealth Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $12,544,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VWO. Bank of America Corp DE grew its position in Vanguard FTSE Emerging Markets ETF by 2.9% during the 4th 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 during the last quarter. Auto Owners Insurance Co raised its holdings 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 during the last quarter. Vanguard Group Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock worth $4,374,632,000 after buying an additional 4,319,682 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.5% during the fourth 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 increased its position in Vanguard FTSE Emerging Markets ETF by 5.7% in the 4th quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock valued at $2,898,333,000 after acquiring an additional 2,927,985 shares during the period. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Down 0.3%

VWO opened at $58.80 on Friday. The business has a 50 day moving average price of $59.35 and a two-hundred day moving average price of $56.87. The company has a market cap of $119.61 billion, a PE ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 52 week low of $49.16 and a 52 week high of $61.51.

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.