Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Sets New 12-Month Low – Here’s Why

Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) reached a new 52-week low on Monday . The stock traded as low as $40.01 and last traded at $40.42, with a volume of 11797192 shares changing hands. The stock had previously closed at $42.13.

Vanguard FTSE Emerging Markets ETF Trading Down 4.0 %

The firm has a market cap of $104.31 billion, a P/E ratio of 15.13 and a beta of 0.59. The business has a 50-day moving average of $45.30 and a two-hundred day moving average of $45.71.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were paid a $0.0468 dividend. The ex-dividend date was Friday, March 21st.

Hedge Funds Weigh In On Vanguard FTSE Emerging Markets ETF

A number of hedge funds have recently bought and sold shares of VWO. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 107,088,490 shares of the exchange traded fund’s stock valued at $4,716,177,000 after purchasing an additional 6,672,276 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.2% during the 4th quarter. Vanguard Group Inc. now owns 67,813,025 shares of the exchange traded fund’s stock worth $2,986,486,000 after buying an additional 2,076,998 shares in the last quarter. Betterment LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the 4th quarter. Betterment LLC now owns 59,799,391 shares of the exchange traded fund’s stock worth $2,633,565,000 after buying an additional 961,166 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 42,425,421 shares of the exchange traded fund’s stock valued at $1,868,416,000 after acquiring an additional 503,443 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 64.6% during the fourth quarter. Northern Trust Corp now owns 41,809,891 shares of the exchange traded fund’s stock valued at $1,841,308,000 after purchasing an additional 16,414,518 shares during the period.

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.