Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Purchased by Cadence Wealth Management LLC

Cadence Wealth Management LLC raised its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 72.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 36,602 shares of the exchange traded fund’s stock after buying an additional 15,378 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises about 1.4% of Cadence Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Cadence Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,751,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Rakuten Securities Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 94.3% in the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 283 shares during the period. Russell Investments Group Ltd. purchased a new stake in Vanguard FTSE Emerging Markets ETF during the first quarter worth about $30,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth about $30,000. Fairscale Capital LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $35,000. Finally, Field & Main Bank acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $40,000.

Vanguard FTSE Emerging Markets ETF Stock Down 0.6 %

Shares of VWO stock opened at $45.21 on Friday. The stock has a market capitalization of $81.83 billion, a PE ratio of 11.50 and a beta of 0.80. The firm has a 50 day moving average of $46.67 and a two-hundred day moving average of $44.92. Vanguard FTSE Emerging Markets ETF has a 52 week low of $38.83 and a 52 week high of $49.57.

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.