Ascent Wealth Partners LLC Invests $4.62 Million in Vanguard FTSE Emerging Markets ETF $VWO

Ascent Wealth Partners LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the first quarter, HoldingsChannel.com reports. The firm acquired 85,527 shares of the exchange traded fund’s stock, valued at approximately $4,623,000.

Several other institutional investors have also recently added to or reduced their stakes in VWO. Brighton Jones LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 50.1% in the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock valued at $3,595,000 after buying an additional 27,259 shares during the period. Revolve Wealth Partners LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth approximately $622,000. Russell Investments Group Ltd. raised its stake in Vanguard FTSE Emerging Markets ETF by 25.5% during the second quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 3,026 shares during the period. First Trust Advisors LP raised its stake in Vanguard FTSE Emerging Markets ETF by 2.7% during the second quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after purchasing an additional 892 shares during the period. Finally, Marshall Wace LLP purchased a new position in Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $5,626,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 1.7%

Shares of VWO opened at $57.84 on Friday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $49.37 and a fifty-two week high of $61.51. The company’s fifty day moving average is $59.41 and its two-hundred day moving average is $57.44. The firm has a market cap of $118.75 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.