Mechanics Bank Trust Department Buys 20,778 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Mechanics Bank Trust Department lifted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 13.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,511 shares of the exchange traded fund’s stock after purchasing an additional 20,778 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises 1.4% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 18th biggest holding. Mechanics Bank Trust Department’s holdings in Vanguard FTSE Emerging Markets ETF were worth $10,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in VWO. Bank of America Corp DE boosted its holdings in 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 worth $7,826,778,000 after acquiring an additional 27,271,317 shares in the last quarter. Auto Owners Insurance Co increased its holdings 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 acquiring an additional 95,173,216 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings 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 acquiring an additional 629,936 shares in the last quarter. Wit LLC raised its position in shares of 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 purchasing an additional 2,671,801 shares during the period. Finally, WealthNavi Inc. raised its position in shares of 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 purchasing an additional 244,799 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Down 0.1%

Shares of VWO traded down $0.05 during trading hours on Tuesday, reaching $59.68. The stock had a trading volume of 5,873,390 shares, compared to its average volume of 9,486,787. Vanguard FTSE Emerging Markets ETF has a 12 month low of $52.20 and a 12 month high of $61.53. The firm has a 50-day simple moving average of $60.21 and a 200 day simple moving average of $59.09. The company has a market capitalization of $126.08 billion, a price-to-earnings ratio of 15.08 and a beta of 0.60.

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.