Summit Wealth Group LLC Co. Makes New Investment in Vanguard FTSE Emerging Markets ETF $VWO

Summit Wealth Group LLC Co. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,291 shares of the exchange traded fund’s stock, valued at approximately $1,145,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameritas Advisory Services LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 562.2% in the fourth quarter. Ameritas Advisory Services LLC now owns 85,771 shares of the exchange traded fund’s stock valued at $4,611,000 after purchasing an additional 72,819 shares during the last quarter. Independent Advisor Alliance grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 13.7% in the fourth quarter. Independent Advisor Alliance now owns 34,765 shares of the exchange traded fund’s stock valued at $1,869,000 after acquiring an additional 4,191 shares in the last quarter. Urban Financial Advisory Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 7.4% in the fourth quarter. Urban Financial Advisory Corp now owns 7,807 shares of the exchange traded fund’s stock valued at $420,000 after acquiring an additional 535 shares in the last quarter. Atlantic Union Bankshares Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.8% in the fourth quarter. Atlantic Union Bankshares Corp now owns 206,600 shares of the exchange traded fund’s stock valued at $11,107,000 after acquiring an additional 1,679 shares in the last quarter. Finally, Community Bank N.A. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.7% in the fourth quarter. Community Bank N.A. now owns 39,805 shares of the exchange traded fund’s stock valued at $2,139,000 after acquiring an additional 275 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO stock opened at $59.39 on Wednesday. The company’s 50-day simple moving average is $56.28 and its 200 day simple moving average is $55.75. Vanguard FTSE Emerging Markets ETF has a 52 week low of $46.73 and a 52 week high of $61.03. The company has a market capitalization of $120.81 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.