SVB Wealth LLC Makes New Investment in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

SVB Wealth LLC acquired a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the fourth quarter, Holdings Channel reports. The institutional investor acquired 197,057 shares of the exchange traded fund’s stock, valued at approximately $8,678,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $26,000. Atwood & Palmer Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $27,000. Rakuten Securities Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 94.3% in the 3rd quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 283 shares in the last quarter. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $28,000. Finally, Tradewinds Capital Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $29,000.

Vanguard FTSE Emerging Markets ETF Stock Down 1.3 %

Shares of NYSEARCA:VWO opened at $44.73 on Friday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $40.72 and a 52 week high of $49.57. The stock has a market capitalization of $115.40 billion, a P/E ratio of 14.62 and a beta of 0.68. The firm has a fifty day simple moving average of $44.58 and a two-hundred day simple moving average of $45.53.

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.