Tandem Financial LLC Acquires New Position in Vanguard FTSE Emerging Markets ETF $VWO

Tandem Financial LLC purchased a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,536 shares of the exchange traded fund’s stock, valued at approximately $3,334,000. Vanguard FTSE Emerging Markets ETF accounts for 1.2% of Tandem Financial LLC’s investment portfolio, making the stock its 23rd biggest position.

Several other institutional investors have also recently made changes to their positions in the business. Clayton Financial Group LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at approximately $26,000. Financial Gravity Companies Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at approximately $26,000. Clarity Asset Management Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at approximately $28,000. Your Advocates Ltd. LLP bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth about $29,000. Finally, Creative Capital Management Investments LLC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 85.5% during the 3rd quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 278 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 0.3%

VWO opened at $56.93 on Tuesday. The firm has a market cap of $111.87 billion, a P/E ratio of 15.08 and a beta of 0.55. The stock has a 50-day moving average of $54.55 and a 200 day moving average of $53.45. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $57.10.

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.