Marin Bay Wealth Advisors LLC Acquires Shares of 15,305 Vanguard FTSE Emerging Markets ETF $VWO

Marin Bay Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,305 shares of the exchange traded fund’s stock, valued at approximately $827,000.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE boosted its holdings in Vanguard FTSE Emerging Markets ETF by 2.9% in the 4th 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 during the period. Auto Owners Insurance Co increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 7,261.2% during the fourth quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after purchasing an additional 95,173,216 shares during the period. Vanguard Group Inc. increased 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 worth $4,374,632,000 after purchasing an additional 4,319,682 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of 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 buying an additional 3,390,486 shares in the last quarter. Finally, Morgan Stanley raised its position in shares of Vanguard FTSE Emerging Markets ETF by 5.7% in 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 in the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 1.6%

Shares of VWO stock opened at $58.86 on Wednesday. The stock has a market cap of $120.85 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 $49.37 and a 1 year high of $61.51. The stock has a 50 day simple moving average of $59.35 and a 200 day simple moving average of $57.54.

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.