Summit Wealth Group LLC Co. Purchases 28,621 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Summit Wealth Group LLC Co. grew its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 94.5% in the third quarter, Holdings Channel.com reports. The fund owned 58,898 shares of the exchange traded fund’s stock after buying an additional 28,621 shares during the period. Summit Wealth Group LLC Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,493,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of VWO. Landaas & Co. WI ADV acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $303,000. DORVAL Corp boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 4.0% during the 3rd quarter. DORVAL Corp now owns 369,727 shares of the exchange traded fund’s stock valued at $21,929,000 after acquiring an additional 14,093 shares in the last quarter. SMH Capital Advisors Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $456,000. TSG Advice Partners LLC bought a new stake in Vanguard FTSE Emerging Markets ETF in the third quarter valued at about $43,587,000. Finally, SilverOak Wealth Management LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 2.8% in the third quarter. SilverOak Wealth Management LLC now owns 385,808 shares of the exchange traded fund’s stock valued at $22,882,000 after acquiring an additional 10,584 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Up 0.3%

NYSEARCA:VWO opened at $55.70 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 12-month low of $52.20 and a 12-month high of $61.53. The firm has a market capitalization of $117.67 billion, a PE ratio of 15.08 and a beta of 0.60. The firm has a 50-day moving average price of $59.38 and a 200 day moving average price of $58.30.

About Vanguard FTSE Emerging Markets ETF

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.