SBI Okasan Asset Management Co.Ltd. Buys New Shares in Vanguard FTSE Emerging Markets ETF $VWO

SBI Okasan Asset Management Co.Ltd. bought a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the fourth quarter, HoldingsChannel reports. The fund bought 1,696,440 shares of the exchange traded fund’s stock, valued at approximately $90,946,000. Vanguard FTSE Emerging Markets ETF accounts for 5.0% of SBI Okasan Asset Management Co.Ltd.’s portfolio, making the stock its 3rd biggest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Jaffetilchin Investment Partners LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 1.6% during the fourth quarter. Jaffetilchin Investment Partners LLC now owns 11,406 shares of the exchange traded fund’s stock valued at $613,000 after buying an additional 178 shares in the last quarter. Veery Capital LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 1.0% during the fourth quarter. Veery Capital LLC now owns 18,568 shares of the exchange traded fund’s stock valued at $998,000 after buying an additional 179 shares in the last quarter. Berger Financial Group Inc lifted its position in Vanguard FTSE Emerging Markets ETF by 0.5% during the fourth quarter. Berger Financial Group Inc now owns 39,098 shares of the exchange traded fund’s stock valued at $2,102,000 after buying an additional 181 shares in the last quarter. Darden Wealth Group Inc lifted its position in Vanguard FTSE Emerging Markets ETF by 2.7% during the third quarter. Darden Wealth Group Inc now owns 7,084 shares of the exchange traded fund’s stock valued at $384,000 after buying an additional 184 shares in the last quarter. Finally, Patton Albertson Miller Group LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 2.8% during the fourth quarter. Patton Albertson Miller Group LLC now owns 6,810 shares of the exchange traded fund’s stock valued at $366,000 after buying an additional 185 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 0.6%

Shares of VWO stock opened at $59.90 on Friday. The stock has a market cap of $121.85 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $46.73 and a fifty-two week high of $61.03. The firm’s 50 day moving average price is $57.25 and its two-hundred day moving average price is $56.10.

About Vanguard FTSE Emerging Markets ETF

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.