Smithbridge Asset Management Inc. DE Takes Position in Vanguard FTSE Emerging Markets ETF $VWO

Smithbridge Asset Management Inc. DE acquired a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 47,293 shares of the exchange traded fund’s stock, valued at approximately $2,556,000.

Other institutional investors have also recently made changes to their positions in the company. Hager Investment Management Services LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $26,000. Miller Capital Partners Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at approximately $28,000. Rakuten Securities Inc. grew 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 buying an additional 549 shares in the last quarter. North Ridge Wealth Advisors Inc. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 353.8% during the second quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 513 shares during the last quarter. Finally, Costello Asset Management INC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 573.3% during the fourth quarter. Costello Asset Management INC now owns 680 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 579 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO stock opened at $59.22 on Thursday. Vanguard FTSE Emerging Markets ETF has a one year low of $49.36 and a one year high of $61.51. The company’s fifty day moving average price is $59.39 and its 200-day moving average price is $57.00. The company has a market capitalization of $120.74 billion, a PE 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.