SouthState Bank Corp Acquires 8,805 Shares of Vanguard FTSE Emerging Markets ETF $VWO

SouthState Bank Corp increased its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 29.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 38,359 shares of the exchange traded fund’s stock after purchasing an additional 8,805 shares during the period. SouthState Bank Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,073,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after acquiring an additional 27,259 shares during the period. Revolve Wealth Partners LLC bought a new stake in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $622,000. Russell Investments Group Ltd. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 25.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock valued at $737,000 after purchasing an additional 3,026 shares during the period. First Trust Advisors LP grew its position in Vanguard FTSE Emerging Markets ETF by 2.7% in the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after purchasing an additional 892 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth $5,626,000. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA:VWO opened at $59.48 on Thursday. The firm’s 50-day moving average is $59.49 and its 200-day moving average is $57.41. The company has a market cap of $122.12 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 52-week low of $49.37 and a 52-week high of $61.51.

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.