Sovereign Financial Group Inc. Boosts Position in Vanguard FTSE Emerging Markets ETF $VWO

Sovereign Financial Group Inc. lifted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.0% in the fourth quarter, HoldingsChannel reports. The fund owned 215,068 shares of the exchange traded fund’s stock after acquiring an additional 10,179 shares during the period. Vanguard FTSE Emerging Markets ETF makes up approximately 2.0% of Sovereign Financial Group Inc.’s holdings, making the stock its 9th largest holding. Sovereign Financial Group Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $11,562,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clayton Financial Group LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth approximately $26,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter worth approximately $27,000. Clarity Asset Management Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter worth approximately $28,000. Creative Capital Management Investments LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 85.5% in the third 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 in the last quarter. Finally, Orion Capital Management LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 562.6% in the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 512 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $52.56 on Friday. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $59.09. The company’s fifty day moving average price is $56.52 and its 200-day moving average price is $54.99. The company has a market capitalization of $103.29 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55.

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.