Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 39,577 shares of the exchange traded fund’s stock after acquiring an additional 1,901 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,732,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VWO. Element Wealth LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $26,000. Elevate Wealth Advisory Inc. bought a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Signature Resources Capital Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $30,000. Russell Investments Group Ltd. bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth $30,000. Finally, Frazier Financial Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $32,000.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock traded up $0.47 on Thursday, reaching $44.26. 5,638,075 shares of the company were exchanged, compared to its average volume of 9,500,442. Vanguard FTSE Emerging Markets ETF has a 12 month low of $37.46 and a 12 month high of $45.72. The stock’s fifty day moving average price is $43.94 and its 200 day moving average price is $42.71. The firm has a market capitalization of $80.11 billion, a PE ratio of 11.50 and a beta of 0.80.

Vanguard FTSE Emerging Markets ETF Company 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.