Kovack Advisors Inc. Boosts Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Kovack Advisors Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 74.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 27,924 shares of the exchange traded fund’s stock after buying an additional 11,875 shares during the period. Kovack Advisors Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,148,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. TIAA Trust National Association purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter valued at about $362,618,000. Charles Schwab Investment Management Inc. increased its position in shares of Vanguard FTSE Emerging Markets ETF by 682.3% in the third quarter. Charles Schwab Investment Management Inc. now owns 7,974,338 shares of the exchange traded fund’s stock valued at $312,673,000 after acquiring an additional 6,955,040 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter valued at about $194,197,000. Summit Rock Advisors LP purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $126,776,000. Finally, Catalyst Capital Advisors LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 99.7% in the third quarter. Catalyst Capital Advisors LLC now owns 5,932,401 shares of the exchange traded fund’s stock valued at $232,609,000 after acquiring an additional 2,961,726 shares during the period.

Vanguard FTSE Emerging Markets ETF Trading Up 1.1 %

Shares of VWO stock traded up $0.48 during mid-day trading on Friday, reaching $42.32. The stock had a trading volume of 6,255,484 shares, compared to its average volume of 10,381,575. The stock’s 50-day moving average price is $41.65 and its two-hundred day moving average price is $40.53. Vanguard FTSE Emerging Markets ETF has a 52-week low of $37.46 and a 52-week high of $43.10. The firm has a market capitalization of $76.60 billion, a PE ratio of 11.26 and a beta of 0.80.

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.