L2 Asset Management LLC Invests $461,000 in Vanguard FTSE Emerging Markets ETF $VWO

L2 Asset Management LLC bought a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 9,318 shares of the exchange traded fund’s stock, valued at approximately $461,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wit LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 103,498.2% in the 1st quarter. Wit LLC now owns 34,426,724 shares of the exchange traded fund’s stock valued at $1,558,154,000 after acquiring an additional 34,393,493 shares during the period. New Vernon Capital Holdings II LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 5,742.6% during the first quarter. New Vernon Capital Holdings II LLC now owns 8,864,578 shares of the exchange traded fund’s stock worth $401,211,000 after buying an additional 8,712,854 shares during the period. Vanguard Group Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 4.5% during the 2nd quarter. Vanguard Group Inc. now owns 74,185,538 shares of the exchange traded fund’s stock valued at $3,669,217,000 after acquiring an additional 3,194,696 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard FTSE Emerging Markets ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 71,616,772 shares of the exchange traded fund’s stock worth $3,542,166,000 after acquiring an additional 3,096,579 shares during the period. Finally, Schroder Investment Management Group grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 183.1% in the 2nd quarter. Schroder Investment Management Group now owns 3,359,722 shares of the exchange traded fund’s stock valued at $165,937,000 after purchasing an additional 2,173,157 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Vanguard FTSE Emerging Markets ETF stock opened at $54.20 on Tuesday. The business has a 50 day simple moving average of $54.49 and a 200-day simple moving average of $51.92. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $56.04. The stock has a market capitalization of $102.49 billion, a PE ratio of 15.08 and a beta of 0.55.

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.