Hilltop National Bank Makes New $5.76 Million Investment in Vanguard FTSE Emerging Markets ETF $VWO

Hilltop National Bank purchased a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 2nd quarter, Holdings Channel reports. The fund purchased 116,448 shares of the exchange traded fund’s stock, valued at approximately $5,760,000. Vanguard FTSE Emerging Markets ETF comprises 1.5% of Hilltop National Bank’s holdings, making the stock its 12th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Triad Wealth Partners LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 37.6% in the 2nd quarter. Triad Wealth Partners LLC now owns 11,454 shares of the exchange traded fund’s stock worth $567,000 after purchasing an additional 3,131 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Vanguard FTSE Emerging Markets ETF by 117.2% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 272,319 shares of the exchange traded fund’s stock valued at $13,469,000 after purchasing an additional 146,965 shares during the period. West Financial Advisors LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 5.3% during the 2nd quarter. West Financial Advisors LLC now owns 39,706 shares of the exchange traded fund’s stock valued at $1,964,000 after buying an additional 1,982 shares in the last quarter. J2 Capital Management Inc lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 4.2% during the 2nd quarter. J2 Capital Management Inc now owns 17,330 shares of the exchange traded fund’s stock valued at $857,000 after buying an additional 693 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 6.8% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,697,697 shares of the exchange traded fund’s stock worth $133,428,000 after acquiring an additional 171,389 shares during the period. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Up 0.3%

NYSEARCA VWO opened at $54.67 on Friday. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $54.94. The stock has a market cap of $102.40 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69. The company’s 50 day moving average is $52.12 and its two-hundred day moving average is $48.73.

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.