PFG Advisors Takes $17.80 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

PFG Advisors purchased a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 328,550 shares of the exchange traded fund’s stock, valued at approximately $17,801,000. Vanguard FTSE Emerging Markets ETF comprises approximately 0.7% of PFG Advisors’ portfolio, making the stock its 22nd biggest position.

A number of other hedge funds have also bought and sold shares of the business. Clayton Financial Group LLC bought a new stake in Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at about $26,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth approximately $27,000. Financial Gravity Companies Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $26,000. Clarity Asset Management Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $28,000. Finally, Your Advocates Ltd. LLP acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $29,000. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.7%

NYSEARCA VWO opened at $54.47 on Monday. The company has a market cap of $107.04 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The company has a 50 day moving average of $56.54 and a 200-day moving average of $54.81. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $59.09.

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.