NewEdge Advisors LLC Grows Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

NewEdge Advisors LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 9.7% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 887,613 shares of the exchange traded fund’s stock after buying an additional 78,371 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $38,842,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Elevate Wealth Advisory Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Turtle Creek Wealth Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the second quarter worth about $30,000. Russell Investments Group Ltd. acquired a new stake in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $30,000. Fairscale Capital LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at about $35,000. Finally, Field & Main Bank acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at about $40,000.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $48.25 on Friday. The firm’s 50-day simple moving average is $44.40 and its 200-day simple moving average is $43.60. Vanguard FTSE Emerging Markets ETF has a 1-year low of $37.46 and a 1-year high of $48.60. The firm has a market cap of $87.33 billion, a P/E ratio of 11.50 and a beta of 0.80.

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.