E&R Wealth Management LLC Takes Position in Vanguard FTSE Emerging Markets ETF $VWO

E&R Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 4th quarter, Holdings Channel.com reports. The fund purchased 60,211 shares of the exchange traded fund’s stock, valued at approximately $3,237,000. Vanguard FTSE Emerging Markets ETF accounts for about 3.4% of E&R Wealth Management LLC’s portfolio, making the stock its 7th biggest position.

Several other hedge funds have also modified their holdings of the stock. Vanguard Group Inc. grew 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 valued at $4,374,632,000 after purchasing an additional 4,319,682 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew 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 valued at $4,205,358,000 after purchasing an additional 3,390,486 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.3% during the fourth quarter. Wealthfront Advisers LLC now owns 47,401,085 shares of the exchange traded fund’s stock valued at $2,548,282,000 after purchasing an additional 130,947 shares during the last quarter. Northern Trust Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.5% during the third quarter. Northern Trust Corp now owns 44,301,345 shares of the exchange traded fund’s stock valued at $2,400,247,000 after purchasing an additional 231,937 shares during the last quarter. Finally, UBS Group AG grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.7% during the fourth quarter. UBS Group AG now owns 19,857,045 shares of the exchange traded fund’s stock valued at $1,067,515,000 after purchasing an additional 335,001 shares during the last quarter. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $57.72 on Thursday. Vanguard FTSE Emerging Markets ETF has a one year low of $47.46 and a one year high of $61.35. The company’s 50 day simple moving average is $58.34 and its 200-day simple moving average is $56.41. The stock has a market capitalization of $117.41 billion, a P/E ratio of 15.08 and a beta of 0.59.

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.