Vanguard FTSE Emerging Markets ETF $VWO Shares Purchased by Summit Wealth Group LLC Co.

Summit Wealth Group LLC Co. raised its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 94.5% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 58,898 shares of the exchange traded fund’s stock after buying an additional 28,621 shares during the quarter. Summit Wealth Group LLC Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,493,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 23.2% during the first quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock worth $7,826,778,000 after buying an additional 27,271,317 shares during the last quarter. Fifth Third Bancorp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 67.7% in the first quarter. Fifth Third Bancorp now owns 2,941,703 shares of the exchange traded fund’s stock worth $158,999,000 after acquiring an additional 1,187,987 shares during the last quarter. WealthNavi Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.6% in the third quarter. WealthNavi Inc. now owns 17,717,789 shares of the exchange traded fund’s stock worth $1,050,842,000 after acquiring an additional 1,094,474 shares during the last quarter. Sumitomo Life Insurance Co. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 125.9% in the second quarter. Sumitomo Life Insurance Co. now owns 1,554,566 shares of the exchange traded fund’s stock worth $92,792,000 after acquiring an additional 866,422 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.9% in the first quarter. Bank of New York Mellon Corp now owns 11,488,522 shares of the exchange traded fund’s stock worth $620,955,000 after acquiring an additional 736,799 shares during the last quarter. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Up 0.3%

Shares of VWO stock opened at $55.70 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 1 year low of $52.20 and a 1 year high of $61.53. The firm’s fifty day simple moving average is $59.38 and its 200 day simple moving average is $58.30. The firm has a market capitalization of $117.67 billion, a P/E ratio of 15.08 and a beta of 0.60.

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.