MinichMacGregor Wealth Management LLC Purchases Shares of 225,902 Vanguard FTSE Emerging Markets ETF $VWO

MinichMacGregor Wealth Management LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 225,902 shares of the exchange traded fund’s stock, valued at approximately $11,173,000. Vanguard FTSE Emerging Markets ETF comprises approximately 2.4% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 15th largest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.7% during the first quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock worth $3,213,045,000 after acquiring an additional 3,177,817 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.4% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock worth $3,101,224,000 after acquiring an additional 2,276,593 shares during the period. Wealthfront Advisers LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.9% during the first quarter. Wealthfront Advisers LLC now owns 45,420,074 shares of the exchange traded fund’s stock worth $2,055,713,000 after acquiring an additional 844,429 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.3% during the first quarter. Envestnet Asset Management Inc. now owns 43,805,548 shares of the exchange traded fund’s stock worth $1,982,639,000 after acquiring an additional 1,380,127 shares during the period. Finally, Northern Trust Corp increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.1% during the first quarter. Northern Trust Corp now owns 43,520,365 shares of the exchange traded fund’s stock worth $1,969,732,000 after acquiring an additional 1,710,474 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 0.2%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $53.55 on Friday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $54.85. The company’s 50-day simple moving average is $51.85 and its 200-day simple moving average is $48.49. The firm has a market cap of $99.10 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69.

Vanguard FTSE Emerging Markets ETF Company 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.