Wealthfront Advisers LLC Has $2.48 Billion Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Wealthfront Advisers LLC lessened its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 45,921,666 shares of the exchange traded fund’s stock after selling 1,479,419 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for about 5.4% of Wealthfront Advisers LLC’s portfolio, making the stock its 5th largest position. Wealthfront Advisers LLC owned 2.26% of Vanguard FTSE Emerging Markets ETF worth $2,482,066,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Vanguard FTSE Emerging Markets ETF Trading Up 0.7%

Shares of VWO opened at $59.48 on Thursday. Vanguard FTSE Emerging Markets ETF has a 12 month low of $49.37 and a 12 month high of $61.51. The firm has a market cap of $122.12 billion, a P/E ratio of 15.08 and a beta of 0.59. The stock’s 50 day moving average is $59.49 and its two-hundred day moving average is $57.41.

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.