Meadowbrook Advisors Group LLC Purchases New Stake in Vanguard FTSE Emerging Markets ETF $VWO

Meadowbrook Advisors Group LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 67,869 shares of the exchange traded fund’s stock, valued at approximately $3,649,000. Vanguard FTSE Emerging Markets ETF comprises about 2.0% of Meadowbrook Advisors Group LLC’s investment portfolio, making the stock its 7th biggest position.

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

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $60.77 on Friday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $47.46 and a 52 week high of $61.35. The company has a market capitalization of $123.62 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. The company has a 50-day simple moving average of $59.15 and a 200 day simple moving average of $56.70.

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.