Modern Wealth Management LLC Buys 85,674 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Modern Wealth Management LLC raised its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 691.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98,069 shares of the exchange traded fund’s stock after acquiring an additional 85,674 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,445,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Haverford Trust Co increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 30.4% in the fourth quarter. Haverford Trust Co now owns 148,992 shares of the exchange traded fund’s stock worth $6,562,000 after purchasing an additional 34,753 shares during the last quarter. Hirtle Callaghan & Co LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 1,069,956 shares of the exchange traded fund’s stock worth $47,121,000 after acquiring an additional 16,667 shares in the last quarter. Congress Wealth Management LLC DE boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 2.0% during the 4th quarter. Congress Wealth Management LLC DE now owns 409,374 shares of the exchange traded fund’s stock valued at $18,029,000 after acquiring an additional 8,022 shares during the last quarter. Clune & Associates LTD. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at $890,000. Finally, FCA Corp TX increased its position in Vanguard FTSE Emerging Markets ETF by 2.6% in the fourth quarter. FCA Corp TX now owns 29,919 shares of the exchange traded fund’s stock worth $1,318,000 after purchasing an additional 749 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Up 0.3 %

VWO stock opened at $46.12 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $40.72 and a 52 week high of $49.57. The firm has a market capitalization of $118.99 billion, a P/E ratio of 14.75 and a beta of 0.69. The company has a fifty day simple moving average of $45.14 and a two-hundred day simple moving average of $45.68.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a $0.0468 dividend. The ex-dividend date of this dividend is Friday, March 21st.

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.