Rakuten Investment Management Inc. Purchases 33,130 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Rakuten Investment Management Inc. boosted its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 944,836 shares of the exchange traded fund’s stock after purchasing an additional 33,130 shares during the period. Rakuten Investment Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $56,331,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE increased its position in Vanguard FTSE Emerging Markets ETF by 23.2% in 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 purchasing an additional 27,271,317 shares during the last quarter. Fifth Third Bancorp lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 67.7% during the 1st quarter. Fifth Third Bancorp now owns 2,941,703 shares of the exchange traded fund’s stock valued at $158,999,000 after buying an additional 1,187,987 shares during the last quarter. WealthNavi Inc. lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 6.6% during the 3rd quarter. WealthNavi Inc. now owns 17,717,789 shares of the exchange traded fund’s stock valued at $1,050,842,000 after buying an additional 1,094,474 shares during the last quarter. Sumitomo Life Insurance Co. lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 125.9% during the 2nd quarter. Sumitomo Life Insurance Co. now owns 1,554,566 shares of the exchange traded fund’s stock valued at $92,792,000 after buying an additional 866,422 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.9% in the 1st quarter. Bank of New York Mellon Corp now owns 11,488,522 shares of the exchange traded fund’s stock valued at $620,955,000 after buying an additional 736,799 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA VWO opened at $55.34 on Wednesday. The business has a 50 day simple moving average of $59.28 and a 200 day simple moving average of $58.30. Vanguard FTSE Emerging Markets ETF has a 52 week low of $52.20 and a 52 week high of $61.53. The stock has a market cap of $116.91 billion, a price-to-earnings ratio of 15.08 and a beta of 0.62.

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.