Auto Owners Insurance Co Raises Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Auto Owners Insurance Co lifted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7,261.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 96,483,932 shares of the exchange traded fund’s stock after acquiring an additional 95,173,216 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 1.2% of Auto Owners Insurance Co’s portfolio, making the stock its 14th biggest holding. Auto Owners Insurance Co’s holdings in Vanguard FTSE Emerging Markets ETF were worth $5,186,976,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VWO. Cedarwood Wealth LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $411,000. Bayban acquired a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $833,000. Pure Financial Advisors LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 5.8% during the fourth quarter. Pure Financial Advisors LLC now owns 2,319,494 shares of the exchange traded fund’s stock worth $124,696,000 after acquiring an additional 127,944 shares during the last quarter. Valpey Financial Services LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.9% in the 4th quarter. Valpey Financial Services LLC now owns 27,768 shares of the exchange traded fund’s stock valued at $1,493,000 after purchasing an additional 1,303 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.7% during the 4th quarter. Rehmann Capital Advisory Group now owns 13,712 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 228 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $60.77 on Friday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $47.46 and a fifty-two week high of $61.35. The firm’s 50 day moving average price is $59.15 and its two-hundred day moving average price is $56.70. The stock has a market cap of $123.62 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59.

Vanguard FTSE Emerging Markets ETF 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.