Meridian Investment Counsel Inc. Buys 1,000 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Meridian Investment Counsel Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,313 shares of the exchange traded fund’s stock after purchasing an additional 1,000 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,054,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VWO. Vanguard Group Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 4.7% in the 1st quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock valued at $3,213,045,000 after acquiring an additional 3,177,817 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in Vanguard FTSE Emerging Markets ETF by 3.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock valued at $3,101,224,000 after acquiring an additional 2,276,593 shares in the last quarter. Wealthfront Advisers LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 1.9% in the 1st quarter. Wealthfront Advisers LLC now owns 45,420,074 shares of the exchange traded fund’s stock valued at $2,055,713,000 after acquiring an additional 844,429 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 3.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 43,805,548 shares of the exchange traded fund’s stock valued at $1,982,639,000 after acquiring an additional 1,380,127 shares in the last quarter. Finally, Northern Trust Corp lifted its position in Vanguard FTSE Emerging Markets ETF by 4.1% in the 1st quarter. Northern Trust Corp now owns 43,520,365 shares of the exchange traded fund’s stock valued at $1,969,732,000 after acquiring an additional 1,710,474 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.2%

VWO stock opened at $53.55 on Friday. The stock has a market capitalization of $99.10 billion, a PE ratio of 15.08 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $54.85. The stock’s 50 day simple moving average is $51.85 and its 200 day simple moving average is $48.49.

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.