Axiom Financial Strategies LLC Has $5.97 Million Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Axiom Financial Strategies LLC decreased its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 38.1% in the third quarter, Holdings Channel reports. The institutional investor owned 110,245 shares of the exchange traded fund’s stock after selling 67,886 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up approximately 2.6% of Axiom Financial Strategies LLC’s holdings, making the stock its 12th largest position. Axiom Financial Strategies LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $5,973,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of VWO. Financial Gravity Companies Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth $26,000. Clayton Financial Group LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter valued at $26,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the third quarter valued at about $27,000. Clarity Asset Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth about $28,000. Finally, Creative Capital Management Investments LLC increased its position in Vanguard FTSE Emerging Markets ETF by 85.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 278 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $54.02 on Friday. 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 50-day moving average of $56.63 and a 200-day moving average of $54.90. The company has a market capitalization of $106.16 billion, a PE ratio of 15.08 and a beta of 0.55.

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.