Merit Financial Group LLC Grows Stake in Vanguard FTSE Emerging Markets ETF $VWO

Merit Financial Group LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 50.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 205,603 shares of the exchange traded fund’s stock after purchasing an additional 68,555 shares during the period. Merit Financial Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $10,169,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Wit LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 103,498.2% in the first quarter. Wit LLC now owns 34,426,724 shares of the exchange traded fund’s stock worth $1,558,154,000 after buying an additional 34,393,493 shares during the last quarter. New Vernon Capital Holdings II LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5,742.6% in the 1st 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 acquiring an additional 8,712,854 shares during the last quarter. Wealthspire Advisors LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 111.0% during the 1st quarter. Wealthspire Advisors LLC now owns 8,336,104 shares of the exchange traded fund’s stock worth $377,292,000 after purchasing an additional 4,385,619 shares during the period. Vanguard Group Inc. grew its holdings in Vanguard FTSE Emerging Markets ETF by 4.7% during the 1st quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock valued at $3,213,045,000 after purchasing an additional 3,177,817 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Vanguard FTSE Emerging Markets ETF by 3.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock worth $3,101,224,000 after purchasing an additional 2,276,593 shares during the period. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA VWO opened at $54.79 on Monday. Vanguard FTSE Emerging Markets ETF has a 1 year low of $39.53 and a 1 year high of $54.94. The firm has a 50-day simple moving average of $52.20 and a two-hundred day simple moving average of $48.82. The company has a market cap of $102.62 billion, a P/E ratio of 15.08 and a beta of 0.69.

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.