Bangor Savings Bank Purchases 28,314 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Bangor Savings Bank increased its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 9.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 336,435 shares of the exchange traded fund’s stock after acquiring an additional 28,314 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up 1.5% of Bangor Savings Bank’s portfolio, making the stock its 15th biggest position. Bangor Savings Bank’s holdings in Vanguard FTSE Emerging Markets ETF were worth $18,228,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VWO. Gradient Capital Advisors LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 5.0% in the second quarter. Gradient Capital Advisors LLC now owns 17,770 shares of the exchange traded fund’s stock valued at $879,000 after purchasing an additional 845 shares during the last quarter. Signaturefd LLC lifted its holdings in Vanguard FTSE Emerging Markets ETF by 2.9% during the 2nd quarter. Signaturefd LLC now owns 4,141,888 shares of the exchange traded fund’s stock worth $204,858,000 after purchasing an additional 117,175 shares during the last quarter. Opus Capital Group LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 3.7% in the 2nd quarter. Opus Capital Group LLC now owns 96,774 shares of the exchange traded fund’s stock valued at $4,786,000 after purchasing an additional 3,467 shares during the period. Cadence Wealth Management LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 17.4% in the 2nd quarter. Cadence Wealth Management LLC now owns 62,928 shares of the exchange traded fund’s stock valued at $3,112,000 after buying an additional 9,313 shares in the last quarter. Finally, Parker Financial LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 3.1% in the 2nd quarter. Parker Financial LLC now owns 329,155 shares of the exchange traded fund’s stock valued at $16,281,000 after buying an additional 9,952 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO opened at $56.29 on Tuesday. The stock has a fifty day moving average of $54.27 and a 200-day moving average of $52.99. The company has a market capitalization of $110.62 billion, a P/E ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $56.34.

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.