Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Hits New 1-Year High – Here’s Why

Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) reached a new 52-week high on Friday . The company traded as high as $59.29 and last traded at $59.24, with a volume of 347396 shares. The stock had previously closed at $58.21.

Vanguard FTSE Emerging Markets ETF Stock Performance

The firm has a market capitalization of $120.38 billion, a price-to-earnings ratio of 15.08 and a beta of 0.56. The business has a fifty day moving average of $55.96 and a two-hundred day moving average of $55.24.

Institutional Trading of Vanguard FTSE Emerging Markets ETF

Several institutional investors have recently added to or reduced their stakes in the company. Nautilus Advisors LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 1.8% in the 1st quarter. Nautilus Advisors LLC now owns 13,384 shares of the exchange traded fund’s stock valued at $723,000 after purchasing an additional 242 shares during the period. Brave Asset Management Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at $255,000. CENTRAL TRUST Co boosted its stake in Vanguard FTSE Emerging Markets ETF by 37.2% in the 1st quarter. CENTRAL TRUST Co now owns 231,861 shares of the exchange traded fund’s stock valued at $12,532,000 after purchasing an additional 62,878 shares during the period. Integrated Capital Management LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 3.7% in the 1st quarter. Integrated Capital Management LLC now owns 62,697 shares of the exchange traded fund’s stock valued at $3,389,000 after purchasing an additional 2,227 shares during the period. Finally, Bar Harbor Wealth Management boosted its stake in Vanguard FTSE Emerging Markets ETF by 8.1% in the 1st quarter. Bar Harbor Wealth Management now owns 239,666 shares of the exchange traded fund’s stock valued at $12,954,000 after purchasing an additional 18,054 shares during the period. 67.19% of the stock is currently owned by institutional investors.

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.