Truist Financial Corp Acquires 42,068 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Truist Financial Corp boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,618,892 shares of the exchange traded fund’s stock after purchasing an additional 42,068 shares during the period. Truist Financial Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $87,032,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VWO. Hager Investment Management Services LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $26,000. Abich Financial Wealth Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the third quarter valued at approximately $27,000. Rakuten Securities Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 4,575.0% during the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 549 shares in the last quarter. Creative Capital Management Investments LLC raised its position in Vanguard FTSE Emerging Markets ETF by 85.5% during the third quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 278 shares in the last quarter. Finally, Orion Capital Management LLC raised its position in Vanguard FTSE Emerging Markets ETF by 562.6% during the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 512 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $58.73 on Tuesday. The firm has a market cap of $119.47 billion, a PE ratio of 15.08 and a beta of 0.59. The firm’s 50 day moving average price is $56.08 and its 200 day moving average price is $55.51. Vanguard FTSE Emerging Markets ETF has a twelve month low of $45.91 and a twelve month high of $59.62.

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.