Mechanics Financial Corp Grows Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Mechanics Financial Corp lifted its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,971 shares of the exchange traded fund’s stock after acquiring an additional 986 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for about 2.6% of Mechanics Financial Corp’s portfolio, making the stock its 8th biggest holding. Mechanics Financial Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,561,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VWO. SYM FINANCIAL Corp boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 345.9% during the third quarter. SYM FINANCIAL Corp now owns 660 shares of the exchange traded fund’s stock valued at $26,000 after purchasing an additional 512 shares during the period. Element Wealth LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth $26,000. Oakworth Capital Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth about $33,000. Tennessee Valley Asset Management Partners purchased a new stake in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $35,000. Finally, HighMark Wealth Management LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 397.1% in the fourth quarter. HighMark Wealth Management LLC now owns 870 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 695 shares during the period.

Vanguard FTSE Emerging Markets ETF Trading Up 1.9 %

Vanguard FTSE Emerging Markets ETF stock traded up $0.82 during mid-day trading on Thursday, hitting $43.04. The company had a trading volume of 3,234,256 shares, compared to its average volume of 10,273,184. The company has a market capitalization of $77.90 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. The company’s fifty day moving average is $41.72 and its 200-day moving average is $40.60. Vanguard FTSE Emerging Markets ETF has a 12-month low of $37.46 and a 12-month high of $43.10.

Vanguard FTSE Emerging Markets ETF 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.