Palatine Hill Wealth Management LLC Makes New $1.55 Million Investment in Vanguard FTSE Emerging Markets ETF $VWO

Palatine Hill Wealth Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 28,836 shares of the exchange traded fund’s stock, valued at approximately $1,550,000. Vanguard FTSE Emerging Markets ETF accounts for 1.2% of Palatine Hill Wealth Management LLC’s portfolio, making the stock its 15th largest holding.

A number of other large investors also recently bought and sold shares of VWO. Hager Investment Management Services LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth approximately $26,000. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $27,000. Rakuten Securities Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 4,575.0% in the 4th quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 549 shares during the period. North Ridge Wealth Advisors Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 353.8% in the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 513 shares during the period. Finally, Cary Street Partners Investment Advisory LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 1,223.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 622 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 575 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 1.3%

Shares of VWO stock opened at $61.19 on Wednesday. The company’s fifty day simple moving average is $57.49 and its 200-day simple moving average is $56.17. Vanguard FTSE Emerging Markets ETF has a 52 week low of $47.22 and a 52 week high of $61.35. The company has a market cap of $124.47 billion, a PE ratio of 15.08 and a beta of 0.59.

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.