Financial Advocates Investment Management Trims Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Financial Advocates Investment Management decreased its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 73.0% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 13,239 shares of the exchange traded fund’s stock after selling 35,789 shares during the period. Financial Advocates Investment Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $717,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Opus Capital Group LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.7% during the 2nd quarter. Opus Capital Group LLC now owns 96,774 shares of the exchange traded fund’s stock valued at $4,786,000 after acquiring an additional 3,467 shares during the last quarter. Austin Wealth Management LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the third quarter valued at approximately $970,000. REAP Financial Group LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 18.1% during the third quarter. REAP Financial Group LLC now owns 185,426 shares of the exchange traded fund’s stock valued at $10,046,000 after purchasing an additional 28,399 shares during the last quarter. Cadence Wealth Management LLC grew its stake in Vanguard FTSE Emerging Markets ETF by 17.4% in the 2nd quarter. Cadence Wealth Management LLC now owns 62,928 shares of the exchange traded fund’s stock worth $3,112,000 after buying an additional 9,313 shares in the last quarter. Finally, Perissos Private Wealth Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth $3,747,000. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $57.76 on Friday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $58.61. The company has a fifty day moving average of $55.43 and a 200-day moving average of $54.02. The company has a market capitalization of $113.50 billion, a P/E ratio of 15.08 and a beta of 0.55.

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.