Lexington Hill Partners LLC Purchases Shares of 27,250 Vanguard FTSE Emerging Markets ETF $VWO

Lexington Hill Partners LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, HoldingsChannel reports. The institutional investor purchased 27,250 shares of the exchange traded fund’s stock, valued at approximately $1,465,000. Vanguard FTSE Emerging Markets ETF accounts for 1.1% of Lexington Hill Partners LLC’s investment portfolio, making the stock its 20th biggest position.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in Vanguard FTSE Emerging Markets ETF by 2.9% in the 4th quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock worth $6,318,678,000 after buying an additional 3,367,569 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock valued at $4,374,632,000 after acquiring an additional 4,319,682 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock valued at $4,205,358,000 after acquiring an additional 3,390,486 shares during the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.7% during the 4th quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock worth $2,898,333,000 after acquiring an additional 2,927,985 shares during the period. Finally, Betterment LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 2.4% during the 4th quarter. Betterment LLC now owns 53,732,807 shares of the exchange traded fund’s stock worth $2,888,676,000 after acquiring an additional 1,257,504 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO opened at $60.77 on Friday. The company’s 50 day simple moving average is $59.06 and its 200 day simple moving average is $56.67. Vanguard FTSE Emerging Markets ETF has a 1 year low of $47.46 and a 1 year high of $61.35. The stock has a market capitalization of $123.62 billion, a PE ratio of 15.08 and a beta of 0.59.

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.