Independent Financial Group LLC Invests $1.55 Million in Vanguard FTSE Emerging Markets ETF $VWO

Independent Financial Group LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 28,615 shares of the exchange traded fund’s stock, valued at approximately $1,547,000.

Several other institutional investors and hedge funds also recently made changes to their positions in VWO. D.A. Davidson & CO. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.4% during the 1st quarter. D.A. Davidson & CO. now owns 1,981,688 shares of the exchange traded fund’s stock worth $107,110,000 after buying an additional 101,075 shares in the last quarter. NerdWallet Wealth Partners LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 22.6% during the 1st quarter. NerdWallet Wealth Partners LLC now owns 99,577 shares of the exchange traded fund’s stock valued at $5,382,000 after acquiring an additional 18,377 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 6.9% during the 1st quarter. Bank of New York Mellon Corp now owns 11,488,522 shares of the exchange traded fund’s stock valued at $620,955,000 after acquiring an additional 736,799 shares during the period. SKY Mountain Capital Management Inc. boosted its stake in Vanguard FTSE Emerging Markets ETF by 3.9% during the first quarter. SKY Mountain Capital Management Inc. now owns 11,309 shares of the exchange traded fund’s stock worth $611,000 after acquiring an additional 425 shares in the last quarter. Finally, Harmony Asset Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth $453,000. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA:VWO opened at $57.84 on Monday. The stock has a market capitalization of $118.75 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. The firm has a fifty day simple moving average of $59.41 and a two-hundred day simple moving average of $57.47. Vanguard FTSE Emerging Markets ETF has a 12 month low of $49.37 and a 12 month high of $61.51.

Vanguard FTSE Emerging Markets ETF Company 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.