Rakuten Investment Management Inc. Makes New Investment in Vanguard FTSE Emerging Markets ETF $VWO

Rakuten Investment Management Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 768,628 shares of the exchange traded fund’s stock, valued at approximately $41,460,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VWO. Financial Gravity Companies Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at $26,000. Clayton Financial Group LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $26,000. Clarity Asset Management Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at about $28,000. Your Advocates Ltd. LLP purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at about $29,000. Finally, Harbor Asset Planning Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth about $30,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA:VWO opened at $55.54 on Wednesday. The firm has a market capitalization of $109.14 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The company’s 50-day moving average is $54.41 and its two-hundred day moving average is $53.25. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $56.57.

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.