Meridian Management Co. Buys 23,341 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Meridian Management Co. lifted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 8.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 300,654 shares of the exchange traded fund’s stock after acquiring an additional 23,341 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for about 4.0% of Meridian Management Co.’s investment portfolio, making the stock its 6th largest position. Meridian Management Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $16,250,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 50.1% in the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after acquiring an additional 27,259 shares during the period. Revolve Wealth Partners LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at about $622,000. Russell Investments Group Ltd. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 25.5% during the second quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock valued at $737,000 after acquiring an additional 3,026 shares during the period. First Trust Advisors LP grew its position in shares of Vanguard FTSE Emerging Markets ETF by 2.7% in the second quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock valued at $1,701,000 after purchasing an additional 892 shares during the last quarter. Finally, Marshall Wace LLP acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at about $5,626,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Up 0.5%

Shares of NYSEARCA:VWO opened at $59.08 on Wednesday. The company has a market cap of $121.30 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. The business has a 50 day moving average price of $59.52 and a 200 day moving average price of $57.37. Vanguard FTSE Emerging Markets ETF has a twelve month low of $49.37 and a twelve month high of $61.51.

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.