NewEdge Wealth LLC Cuts Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

NewEdge Wealth LLC decreased its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 456,923 shares of the exchange traded fund’s stock after selling 16,460 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $24,697,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Brookstone Capital Management increased its holdings in Vanguard FTSE Emerging Markets ETF by 16.9% during the 4th quarter. Brookstone Capital Management now owns 490,324 shares of the exchange traded fund’s stock worth $26,360,000 after purchasing an additional 70,731 shares during the period. Farther Finance Advisors LLC raised its position in Vanguard FTSE Emerging Markets ETF by 89.9% in the 4th quarter. Farther Finance Advisors LLC now owns 516,425 shares of the exchange traded fund’s stock valued at $27,763,000 after purchasing an additional 244,486 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 50.9% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 249,748 shares of the exchange traded fund’s stock valued at $13,426,000 after buying an additional 84,248 shares during the period. Axxcess Wealth Management LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 772,033 shares of the exchange traded fund’s stock valued at $41,504,000 after buying an additional 41,390 shares during the period. Finally, Luminvest Wealth Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $534,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $58.81 on Thursday. The business has a 50-day simple moving average of $59.33 and a 200-day simple moving average of $57.57. Vanguard FTSE Emerging Markets ETF has a one year low of $49.37 and a one year high of $61.51. The company has a market cap of $120.74 billion, a PE ratio of 15.08 and a beta of 0.59.

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.