Avidian Wealth Enterprises LLC Grows Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Avidian Wealth Enterprises LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 64.0% in the third quarter, Holdings Channel.com reports. The fund owned 70,037 shares of the exchange traded fund’s stock after buying an additional 27,322 shares during the quarter. Avidian Wealth Enterprises LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,154,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Bank of America Corp DE lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 23.2% in the first quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock valued at $7,826,778,000 after purchasing an additional 27,271,317 shares in the last quarter. Auto Owners Insurance Co lifted its stake in 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 acquiring an additional 95,173,216 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 40,194,652 shares of the exchange traded fund’s stock worth $2,399,219,000 after purchasing an additional 629,936 shares in the last quarter. Wit LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 7.0% during the 4th quarter. Wit LLC now owns 41,074,353 shares of the exchange traded fund’s stock valued at $2,208,157,000 after acquiring an additional 2,671,801 shares during the last quarter. Finally, WealthNavi Inc. lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.5% in the first quarter. WealthNavi Inc. now owns 16,101,944 shares of the exchange traded fund’s stock worth $870,310,000 after buying an additional 244,799 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Down 1.3%

VWO stock traded down $0.78 during mid-day trading on Thursday, reaching $59.07. 4,666,837 shares of the stock traded hands, compared to its average volume of 9,499,994. The business has a 50-day moving average of $60.16 and a two-hundred day moving average of $58.92. Vanguard FTSE Emerging Markets ETF has a 52 week low of $52.20 and a 52 week high of $61.53. The firm has a market capitalization of $124.40 billion, a PE ratio of 15.08 and a beta of 0.60.

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.