Align Financial LLC Invests $28.47 Million in Vanguard FTSE Emerging Markets ETF $VWO

Align Financial LLC purchased a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 529,632 shares of the exchange traded fund’s stock, valued at approximately $28,473,000.

Several other hedge funds have also recently modified their holdings of VWO. Hager Investment Management Services LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $26,000. Miller Capital Partners Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $28,000. Rakuten Securities Inc. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 4,575.0% in the 4th quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 549 shares during the period. North Ridge Wealth Advisors Inc. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 353.8% in the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 513 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 1,223.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 622 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 575 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $59.81 on Thursday. The company has a 50 day moving average price of $58.93 and a 200-day moving average price of $56.62. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $47.46 and a fifty-two week high of $61.35. The stock has a market capitalization of $121.66 billion, a PE ratio of 15.08 and a beta of 0.59.

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.