Beacon Financial Group Sells 87,317 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Beacon Financial Group lowered its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 22.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 295,599 shares of the exchange traded fund’s stock after selling 87,317 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for 1.6% of Beacon Financial Group’s portfolio, making the stock its 13th largest position. Beacon Financial Group’s holdings in Vanguard FTSE Emerging Markets ETF were worth $15,977,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of VWO. Hager Investment Management Services LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $26,000. Miller Capital Partners Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth approximately $28,000. Rakuten Securities Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 4,575.0% during the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock worth $30,000 after buying an additional 549 shares during the last quarter. North Ridge Wealth Advisors Inc. lifted its holdings in Vanguard FTSE Emerging Markets ETF by 353.8% in 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 period. Finally, Costello Asset Management INC lifted its holdings in Vanguard FTSE Emerging Markets ETF by 573.3% in 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 period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $59.49 on Friday. The firm has a fifty day moving average of $59.49 and a two-hundred day moving average of $57.25. The stock has a market capitalization of $122.14 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 52 week low of $49.37 and a 52 week high of $61.51.

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.