Arax Advisory Partners Makes New $30.11 Million Investment in Vanguard FTSE Emerging Markets ETF $VWO

Arax Advisory Partners purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the fourth quarter, according to its most recent filing with the SEC. The firm purchased 560,144 shares of the exchange traded fund’s stock, valued at approximately $30,113,000. Vanguard FTSE Emerging Markets ETF accounts for 0.9% of Arax Advisory Partners’ portfolio, making the stock its 25th largest holding.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock valued at $4,374,632,000 after buying an additional 4,319,682 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock valued at $4,205,358,000 after buying an additional 3,390,486 shares during the period. Morgan Stanley grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.7% in the 4th quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock valued at $2,898,333,000 after buying an additional 2,927,985 shares during the period. Betterment LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.4% in the 4th quarter. Betterment LLC now owns 53,732,807 shares of the exchange traded fund’s stock valued at $2,888,676,000 after buying an additional 1,257,504 shares during the period. Finally, Wealthfront Advisers LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.3% in the 4th quarter. Wealthfront Advisers LLC now owns 47,401,085 shares of the exchange traded fund’s stock valued at $2,548,282,000 after buying an additional 130,947 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO opened at $59.55 on Friday. The stock has a 50-day moving average of $58.55 and a 200-day moving average of $56.47. The company has a market cap of $121.13 billion, a PE ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a one year low of $47.46 and a one year high of $61.35.

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.