From maeketbeat,a number of large investors also recently added to or reduced their stakes in $NIO Inc.(NIO)$ . California State Teachers Retirement System raised its position in shares of NIO by 9.1% in the third quarter. California State Teachers Retirement System now owns 368,807 shares of the company's stock valued at $5,816,000 after buying an additional 30,788 shares during the last quarter. Enlightenment Research LLC acquired a new stake in shares of NIO in the third quarter valued at about $287,000. Mercer Global Advisors Inc. ADV raised its position in shares of NIO by 13.7% in the third quarter. Mercer Global Advisors Inc. ADV now owns 19,151 shares of the company's stock valued at $302,000 after buying an additional 2,314 shares during the last quarter. UBS Asset Management Americas Inc. raised its position in shares of NIO by 3.6% in the third quarter. UBS Asset Management Americas Inc. now owns 7,202,797 shares of the company's stock valued at $113,588,000 after buying an additional 251,836 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of NIO by 2.2% in the third quarter. Vanguard Group Inc. now owns 51,370,117 shares of the company's stock valued at $810,108,000 after buying an additional 1,113,194 shares during the last quarter. 30.06% of the stock is currently owned by institutional investors and hedge funds.
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