CW Advisors LLC has increased its stake in the Vanguard FTSE Emerging Markets ETF (NYSEARCA: VWO) by 6.3%, acquiring an additional 26,500 shares during the second quarter of 2023. According to a recent filing with the Securities and Exchange Commission, the firm now holds a total of 448,601 shares, valued at approximately $22,188,000 as of the end of the quarter.
Several other institutional investors have also adjusted their positions in the Vanguard FTSE Emerging Markets ETF. Notably, Vanguard Group Inc. raised its stake by 4.5%, bringing its total holdings to 74,185,538 shares, which are now valued at around $3.67 billion. This increase followed the purchase of an additional 3,194,696 shares during the same period.
In a similar move, Northwestern Mutual Wealth Management Co. also enhanced its position by 4.5%, acquiring 3,096,579 shares. Its total ownership now stands at 71,616,772 shares, worth approximately $3.54 billion. Envestnet Asset Management Inc. increased its holdings by 0.6%, now owning 44,048,578 shares valued at $2.18 billion following the acquisition of 243,030 shares.
In the first quarter, Northern Trust Corp boosted its stake in the ETF by 4.1%, adding 1,710,474 shares to its portfolio, which now totals 43,520,365 shares worth about $1.97 billion. Additionally, Empower Advisory Group LLC grew its position by 1.3%, now holding 34,535,105 shares valued at approximately $1.71 billion.
As of the latest report, institutional investors and hedge funds own a substantial 67.19% of the Vanguard FTSE Emerging Markets ETF.
Market Performance Overview
On Thursday, the Vanguard FTSE Emerging Markets ETF opened at $54.06. The ETF has a 52-week low of $39.53 and a high of $56.04. The fund’s 50-day simple moving average is currently $54.46, while its 200-day average stands at $51.76. With a market capitalization of $102.22 billion and a price-to-earnings ratio of 15.08, the ETF also features a beta of 0.55, indicating lower volatility compared to the overall market.
The Vanguard FTSE Emerging Markets ETF aims to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, which measures the returns of stocks issued by companies in emerging market countries.
For those interested in the latest developments regarding the Vanguard FTSE Emerging Markets ETF and its holdings, a reliable resource is HoldingsChannel.com, which provides updates on 13F filings and insider trades. Subscribers can also receive daily summaries of news and analyst ratings through MarketBeat’s free newsletter.
