Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Reaches New 1-Year High – Here’s What Happened

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) shares reached a new 52-week high on Thursday . The stock traded as high as $56.72 and last traded at $56.7350, with a volume of 2288937 shares traded. The stock had previously closed at $56.11.

Vanguard FTSE Emerging Markets ETF Stock Up 0.4%

The company has a market capitalization of $111.56 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The stock has a 50 day simple moving average of $54.50 and a 200 day simple moving average of $53.34.

Institutional Investors Weigh In On Vanguard FTSE Emerging Markets ETF

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 3.9% in the 3rd quarter. Vanguard Group Inc. now owns 77,053,680 shares of the exchange traded fund’s stock valued at $4,174,768,000 after purchasing an additional 2,868,142 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 4.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 74,834,185 shares of the exchange traded fund’s stock worth $4,054,516,000 after buying an additional 3,217,413 shares during the period. Wealthfront Advisers LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.9% during the third quarter. Wealthfront Advisers LLC now owns 47,270,138 shares of the exchange traded fund’s stock worth $2,561,096,000 after buying an additional 1,790,766 shares during the period. Northern Trust Corp grew its holdings in Vanguard FTSE Emerging Markets ETF by 0.5% in the 3rd quarter. Northern Trust Corp now owns 44,301,345 shares of the exchange traded fund’s stock worth $2,400,247,000 after buying an additional 231,937 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in 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 acquiring an additional 243,030 shares during the period. 67.19% of the stock is currently owned by institutional investors.

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.