Downshift Financial LLC Invests $741,000 in Vanguard FTSE Emerging Markets ETF $VWO

Downshift Financial LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,231 shares of the exchange traded fund’s stock, valued at approximately $741,000. Vanguard FTSE Emerging Markets ETF accounts for about 0.5% of Downshift Financial LLC’s holdings, making the stock its 28th largest holding.

A number of other hedge funds have also recently bought and sold shares of VWO. Bank of America Corp DE raised its holdings in Vanguard FTSE Emerging Markets ETF by 2.9% in the 4th quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock valued at $6,318,678,000 after acquiring an additional 3,367,569 shares during the last quarter. Auto Owners Insurance Co lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 7,261.2% during the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after purchasing an additional 95,173,216 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock worth $4,374,632,000 after purchasing an additional 4,319,682 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 4.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock worth $4,205,358,000 after purchasing an additional 3,390,486 shares during the last quarter. Finally, Morgan Stanley grew its position in shares of Vanguard FTSE Emerging Markets ETF by 5.7% in the fourth quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock valued at $2,898,333,000 after purchasing an additional 2,927,985 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Vanguard FTSE Emerging Markets ETF stock opened at $60.77 on Friday. The firm has a market capitalization of $123.62 billion, a P/E ratio of 15.08 and a beta of 0.59. The stock has a fifty day moving average price of $59.15 and a 200 day moving average price of $56.70. Vanguard FTSE Emerging Markets ETF has a 52 week low of $47.46 and a 52 week high of $61.35.

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.