Vanguard FTSE Emerging Markets ETF $VWO Stock Position Lowered by Axiom Financial Strategies LLC

Axiom Financial Strategies LLC decreased its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 38.1% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 110,245 shares of the exchange traded fund’s stock after selling 67,886 shares during the period. Vanguard FTSE Emerging Markets ETF comprises about 2.6% of Axiom Financial Strategies LLC’s investment portfolio, making the stock its 12th biggest holding. Axiom Financial Strategies LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $5,973,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at $26,000. Clayton Financial Group LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the third quarter valued at $26,000. Abich Financial Wealth Management LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the third quarter valued at $27,000. Clarity Asset Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the second quarter valued at $28,000. Finally, Creative Capital Management Investments LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 85.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 278 shares in the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.5%

Shares of NYSEARCA VWO opened at $54.02 on Friday. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $59.09. The firm has a market capitalization of $106.16 billion, a PE ratio of 15.08 and a beta of 0.55. The business has a 50-day moving average price of $56.63 and a two-hundred day moving average price of $54.90.

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.