Trust Co Buys $5.5 Million in Vanguard Emerging Markets Bond ETF — What’s Driving Demand for EM Debt?
Trust Co has purchased $5.5 million in shares of the Vanguard Emerging Markets Government Bond ETF (VWOB), increasing its holdings to approximately 253,799 shares valued at nearly $17 million. VWOB now constitutes 1.7% of Trust Co's assets under management. The ETF, which tracks emerging market government bonds, has gained interest due to its solid yields and potential for diversification amid moderating U.S. inflation. With a 30-day SEC yield of 5.79% and a year-to-date return of about 10%, VWOB offers a compelling option for income-seeking investors despite associated risks.
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