Beam Wealth Advisors Inc. Purchases New Position in Vanguard FTSE Emerging Markets ETF $VWO

Beam Wealth Advisors Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 21,977 shares of the exchange traded fund’s stock, valued at approximately $1,188,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 16.9% during the 4th quarter. Brookstone Capital Management now owns 490,324 shares of the exchange traded fund’s stock worth $26,360,000 after acquiring an additional 70,731 shares in the last quarter. Union Bancaire Privee UBP SA increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 4,458.1% during the 4th quarter. Union Bancaire Privee UBP SA now owns 195,633 shares of the exchange traded fund’s stock valued at $10,498,000 after acquiring an additional 191,341 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 89.9% during the 4th quarter. Farther Finance Advisors LLC now owns 516,425 shares of the exchange traded fund’s stock valued at $27,763,000 after acquiring an additional 244,486 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 50.9% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 249,748 shares of the exchange traded fund’s stock valued at $13,426,000 after acquiring an additional 84,248 shares in the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.7% in the 4th quarter. Axxcess Wealth Management LLC now owns 772,033 shares of the exchange traded fund’s stock valued at $41,504,000 after acquiring an additional 41,390 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO opened at $59.17 on Thursday. The business has a 50 day moving average price of $59.47 and a 200 day moving average price of $57.20. Vanguard FTSE Emerging Markets ETF has a twelve month low of $49.37 and a twelve month high of $61.51. The firm has a market cap of $121.48 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.