Diversify Wealth Management LLC Increases Position in Vanguard FTSE Emerging Markets ETF $VWO

Diversify Wealth Management LLC increased its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 65.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 427,233 shares of the exchange traded fund’s stock after acquiring an additional 168,693 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for 1.1% of Diversify Wealth Management LLC’s portfolio, making the stock its 12th largest position. Diversify Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $23,908,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VWO. Hager Investment Management Services LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $26,000. Abich Financial Wealth Management LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $27,000. Rakuten Securities Inc. increased its holdings in 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 valued at $30,000 after acquiring an additional 549 shares in the last quarter. Creative Capital Management Investments LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 85.5% during the 3rd quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 278 shares in the last quarter. Finally, Orion Capital Management LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 562.6% during the 3rd quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 512 shares in the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.9%

NYSEARCA:VWO opened at $60.21 on Friday. The firm has a 50-day moving average price of $56.18 and a two-hundred day moving average price of $55.63. Vanguard FTSE Emerging Markets ETF has a twelve month low of $45.91 and a twelve month high of $61.03. The company has a market capitalization of $122.48 billion, a P/E ratio of 15.08 and a beta of 0.59.

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.