Newton One Investments LLC Has $9.91 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

Newton One Investments LLC cut its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.8% in the first quarter, HoldingsChannel.com reports. The fund owned 183,337 shares of the exchange traded fund’s stock after selling 11,354 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 2.7% of Newton One Investments LLC’s investment portfolio, making the stock its 11th largest position. Newton One Investments LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $9,909,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VWO. Brighton Jones LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 50.1% in the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock valued at $3,595,000 after purchasing an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $622,000. Russell Investments Group Ltd. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 25.5% during the second quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 3,026 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 2.7% in the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock valued at $1,701,000 after buying an additional 892 shares during the period. Finally, Marshall Wace LLP acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at $5,626,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 0.8%

VWO opened at $59.22 on Thursday. The stock has a market cap of $120.74 billion, a P/E ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 12 month low of $49.36 and a 12 month high of $61.51. The company has a fifty day simple moving average of $59.39 and a 200 day simple moving average of $57.00.

About Vanguard FTSE Emerging Markets ETF

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.