DiPaolo Financial Group Inc. Takes $5.90 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

DiPaolo Financial Group Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 109,738 shares of the exchange traded fund’s stock, valued at approximately $5,899,000. Vanguard FTSE Emerging Markets ETF makes up about 6.3% of DiPaolo Financial Group Inc.’s portfolio, making the stock its 5th biggest position.

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

Vanguard FTSE Emerging Markets ETF Trading Up 1.6%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $60.77 on Friday. The stock has a 50-day moving average price of $59.06 and a 200 day moving average price of $56.67. The company has a market cap of $123.62 billion, a P/E ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 1 year low of $47.46 and a 1 year high of $61.35.

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.