Beacon Financial Group Has $15.98 Million Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Beacon Financial Group trimmed its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 22.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 295,599 shares of the exchange traded fund’s stock after selling 87,317 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for 1.6% of Beacon Financial Group’s portfolio, making the stock its 13th largest position. Beacon Financial Group’s holdings in Vanguard FTSE Emerging Markets ETF were worth $15,977,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in Vanguard FTSE Emerging Markets ETF by 2.9% during the 4th quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock worth $6,318,678,000 after buying an additional 3,367,569 shares during the period. Auto Owners Insurance Co lifted its holdings in 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 acquiring an additional 95,173,216 shares in the last quarter. Vanguard Group Inc. grew its stake in Vanguard FTSE Emerging Markets ETF by 5.6% in 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 acquiring an additional 4,319,682 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in 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 acquiring an additional 3,390,486 shares during the period. Finally, Morgan Stanley increased its holdings 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 worth $2,898,333,000 after acquiring an additional 2,927,985 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA VWO opened at $59.49 on Friday. The firm has a market cap of $122.14 billion, a P/E ratio of 15.08 and a beta of 0.59. The stock’s 50-day moving average is $59.49 and its 200-day moving average is $57.25. Vanguard FTSE Emerging Markets ETF has a one year low of $49.37 and a one year high of $61.51.

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.