Vanguard FTSE Emerging Markets ETF $VWO Shares Bought by Novak & Powell Financial Services Inc.

Novak & Powell Financial Services Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 49.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,184 shares of the exchange traded fund’s stock after acquiring an additional 10,252 shares during the period. Vanguard FTSE Emerging Markets ETF comprises about 0.9% of Novak & Powell Financial Services Inc.’s holdings, making the stock its 27th biggest position. Novak & Powell Financial Services Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,690,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VWO. Maxele Advisors LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter worth approximately $539,000. Measured Wealth Private Client Group LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the third quarter worth $51,000. Maripau Wealth Management LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 4.1% during the third quarter. Maripau Wealth Management LLC now owns 51,705 shares of the exchange traded fund’s stock worth $2,801,000 after purchasing an additional 2,028 shares in the last quarter. Matrix Private Capital Group LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 7.5% during the third quarter. Matrix Private Capital Group LLC now owns 131,002 shares of the exchange traded fund’s stock worth $7,098,000 after purchasing an additional 9,112 shares in the last quarter. Finally, Moors & Cabot Inc. grew its holdings in Vanguard FTSE Emerging Markets ETF by 4.0% in the third quarter. Moors & Cabot Inc. now owns 20,755 shares of the exchange traded fund’s stock valued at $1,124,000 after purchasing an additional 792 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Up 1.9%

Shares of VWO stock opened at $55.02 on Tuesday. The stock has a market cap of $108.12 billion, a P/E ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $59.09. The business has a fifty day simple moving average of $56.63 and a 200-day simple moving average of $54.95.

About Vanguard FTSE Emerging Markets ETF

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.