Lodestar Private Asset Management LLC Acquires 41,282 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Lodestar Private Asset Management LLC grew its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 16.9% in the 1st quarter, HoldingsChannel reports. The firm owned 284,973 shares of the exchange traded fund’s stock after buying an additional 41,282 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 1.5% of Lodestar Private Asset Management LLC’s holdings, making the stock its 19th largest holding. Lodestar Private Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $15,403,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of VWO. Bank of America Corp DE increased its holdings in Vanguard FTSE Emerging Markets ETF by 2.9% during the fourth quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock valued at $6,318,678,000 after buying an additional 3,367,569 shares during the period. Auto Owners Insurance Co lifted its holdings in Vanguard FTSE Emerging Markets ETF by 7,261.2% during the fourth quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after buying an additional 95,173,216 shares during the period. Vanguard Group Inc. lifted its holdings in 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 position in Vanguard FTSE Emerging Markets ETF by 4.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock valued at $4,205,358,000 after acquiring an additional 3,390,486 shares in the last quarter. Finally, Morgan Stanley boosted its position in Vanguard FTSE Emerging Markets ETF by 5.7% during 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 in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA:VWO opened at $59.04 on Friday. Vanguard FTSE Emerging Markets ETF has a 12-month low of $49.36 and a 12-month high of $61.51. The business’s fifty day simple moving average is $59.42 and its 200-day simple moving average is $57.05. The company has a market capitalization of $120.37 billion, a PE ratio of 15.08 and a beta of 0.59.

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.