Verus Advisory Inc. Takes $7.86 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

Verus Advisory Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 146,068 shares of the exchange traded fund’s stock, valued at approximately $7,858,000. Vanguard FTSE Emerging Markets ETF comprises 5.1% of Verus Advisory Inc.’s investment portfolio, making the stock its 5th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.9% in the fourth quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock worth $6,318,678,000 after buying an additional 3,367,569 shares during the last quarter. Vanguard Group Inc. grew 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 acquiring an additional 4,319,682 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Vanguard FTSE Emerging Markets ETF by 4.5% in 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 acquiring an additional 3,390,486 shares during the period. Morgan Stanley boosted its position in Vanguard FTSE Emerging Markets ETF by 5.7% in the 4th quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock worth $2,898,333,000 after purchasing an additional 2,927,985 shares in the last quarter. Finally, Betterment LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.4% during the 4th quarter. Betterment LLC now owns 53,732,807 shares of the exchange traded fund’s stock worth $2,888,676,000 after acquiring an additional 1,257,504 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Up 1.6%

NYSEARCA:VWO opened at $60.77 on Friday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $47.46 and a 52 week high of $61.35. The stock has a market capitalization of $123.62 billion, a PE ratio of 15.08 and a beta of 0.59. The stock’s 50-day moving average price is $59.06 and its 200-day moving average price is $56.67.

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.