Modern Wealth Management LLC Raises Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Modern Wealth Management LLC increased its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 691.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 98,069 shares of the exchange traded fund’s stock after purchasing an additional 85,674 shares during the quarter. Modern Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,445,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.2% in the fourth quarter. Vanguard Group Inc. now owns 67,813,025 shares of the exchange traded fund’s stock worth $2,986,486,000 after buying an additional 2,076,998 shares during the period. Empower Advisory Group LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 3.4% during the 4th quarter. Empower Advisory Group LLC now owns 32,684,511 shares of the exchange traded fund’s stock worth $1,439,426,000 after acquiring an additional 1,060,672 shares during the period. WealthNavi Inc. lifted its holdings in Vanguard FTSE Emerging Markets ETF by 0.5% during the fourth quarter. WealthNavi Inc. now owns 16,165,516 shares of the exchange traded fund’s stock valued at $711,929,000 after purchasing an additional 85,250 shares in the last quarter. Brooklyn FI LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 6,596.9% in the fourth quarter. Brooklyn FI LLC now owns 15,718,253 shares of the exchange traded fund’s stock worth $730,113,000 after purchasing an additional 15,483,542 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.3% in the third quarter. JPMorgan Chase & Co. now owns 14,464,403 shares of the exchange traded fund’s stock worth $692,122,000 after purchasing an additional 190,971 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $46.12 on Tuesday. The company has a market capitalization of $118.99 billion, a price-to-earnings ratio of 14.75 and a beta of 0.69. The company’s fifty day moving average price is $45.14 and its 200-day moving average price is $45.68. Vanguard FTSE Emerging Markets ETF has a one year low of $40.72 and a one year high of $49.57.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be given a $0.0468 dividend. The ex-dividend date is Friday, March 21st.

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.