eCIO Inc. Acquires 216,367 Shares of Vanguard FTSE Emerging Markets ETF $VWO

eCIO Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the third quarter, Holdings Channel reports. The institutional investor bought 216,367 shares of the exchange traded fund’s stock, valued at approximately $13,116,000. Vanguard FTSE Emerging Markets ETF makes up about 4.5% of eCIO Inc.’s portfolio, making the stock its 9th biggest holding.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE lifted its position in Vanguard FTSE Emerging Markets ETF by 23.2% during the 1st quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock worth $7,826,778,000 after acquiring an additional 27,271,317 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 40,194,652 shares of the exchange traded fund’s stock valued at $2,399,219,000 after purchasing an additional 629,936 shares during the period. WealthNavi Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.6% during the third quarter. WealthNavi Inc. now owns 17,717,789 shares of the exchange traded fund’s stock worth $1,050,842,000 after purchasing an additional 1,094,474 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.6% during the first quarter. Royal Bank of Canada now owns 13,962,984 shares of the exchange traded fund’s stock worth $754,698,000 after purchasing an additional 357,458 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.9% during the first quarter. Bank of New York Mellon Corp now owns 11,488,522 shares of the exchange traded fund’s stock worth $620,955,000 after purchasing an additional 736,799 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA VWO opened at $54.24 on Friday. The stock has a fifty day moving average price of $59.07 and a 200 day moving average price of $58.29. Vanguard FTSE Emerging Markets ETF has a 1-year low of $52.20 and a 1-year high of $61.53. The company has a market cap of $114.58 billion, a PE ratio of 15.08 and a beta of 0.62.

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.