Okabena Investment Services Inc. Buys 27,004 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Okabena Investment Services Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 9.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 306,049 shares of the exchange traded fund’s stock after acquiring an additional 27,004 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up approximately 3.3% of Okabena Investment Services Inc.’s holdings, making the stock its 7th biggest holding. Okabena Investment Services Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $18,268,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Scarborough Advisors LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the first quarter valued at approximately $26,000. Miller Capital Partners Inc. bought a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $28,000. Darwin Wealth Management LLC raised its position in Vanguard FTSE Emerging Markets ETF by 383.9% in the 1st quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 476 shares during the last quarter. North Ridge Wealth Advisors Inc. raised its position in 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 last quarter. Finally, Vision Retirement LLC lifted its holdings in Vanguard FTSE Emerging Markets ETF by 1,150.0% during the 1st quarter. Vision Retirement LLC now owns 675 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 621 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $60.79 on Friday. The firm has a market capitalization of $124.81 billion, a price-to-earnings ratio of 15.08 and a beta of 0.60. The business’s fifty day moving average price is $59.41 and its two-hundred day moving average price is $58.20. Vanguard FTSE Emerging Markets ETF has a 52 week low of $51.01 and a 52 week high of $61.51.

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.