Mechanics Financial Corp Acquires 1,702 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Mechanics Financial Corp increased its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,108 shares of the exchange traded fund’s stock after acquiring an additional 1,702 shares during the quarter. Mechanics Financial Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,728,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Rakuten Securities Inc. grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 94.3% during the 3rd quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 283 shares in the last quarter. Turtle Creek Wealth Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the second quarter worth $30,000. Russell Investments Group Ltd. bought a new position in Vanguard FTSE Emerging Markets ETF in the first quarter worth $30,000. Fairscale Capital LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth $35,000. Finally, Capital Performance Advisors LLP bought a new stake in Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $42,000.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $45.12 on Friday. The firm has a fifty day moving average of $46.73 and a 200-day moving average of $44.95. The stock has a market cap of $81.67 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 52-week low of $38.83 and a 52-week high of $49.57.

Vanguard FTSE Emerging Markets ETF Company 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.