Vanguard FTSE Emerging Markets ETF $VWO Shares Purchased by Mechanics Bank Trust Department

Mechanics Bank Trust Department grew its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 13.2% in the third quarter, HoldingsChannel.com reports. The firm owned 178,511 shares of the exchange traded fund’s stock after purchasing an additional 20,778 shares during the period. Vanguard FTSE Emerging Markets ETF comprises about 1.4% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 18th largest holding. Mechanics Bank Trust Department’s holdings in Vanguard FTSE Emerging Markets ETF were worth $10,587,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 23.2% in the first quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock valued at $7,826,778,000 after purchasing an additional 27,271,317 shares in the last quarter. Auto Owners Insurance Co boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 7,261.2% during the fourth quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock valued at $5,186,976,000 after buying an additional 95,173,216 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 40,194,652 shares of the exchange traded fund’s stock valued at $2,399,219,000 after buying an additional 629,936 shares during the last quarter. Wit LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 7.0% during the fourth quarter. Wit LLC now owns 41,074,353 shares of the exchange traded fund’s stock worth $2,208,157,000 after buying an additional 2,671,801 shares in the last quarter. Finally, WealthNavi Inc. grew its holdings in Vanguard FTSE Emerging Markets ETF by 1.5% during the first quarter. WealthNavi Inc. now owns 16,101,944 shares of the exchange traded fund’s stock worth $870,310,000 after buying an additional 244,799 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Down 0.1%

NYSEARCA VWO traded down $0.05 on Tuesday, reaching $59.68. The company had a trading volume of 5,873,390 shares, compared to its average volume of 9,486,787. The stock has a market capitalization of $126.08 billion, a P/E ratio of 15.08 and a beta of 0.60. The company’s fifty day moving average is $60.21 and its 200 day moving average is $59.09. Vanguard FTSE Emerging Markets ETF has a 52-week low of $52.20 and a 52-week high of $61.53.

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.