Summit Financial Strategies Inc. Has $4.26 Million Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Summit Financial Strategies Inc. reduced its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWOFree Report) by 55.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 103,724 shares of the exchange traded fund’s stock after selling 130,917 shares during the period. Vanguard FTSE Emerging Markets ETF comprises about 0.7% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 23rd biggest position. Summit Financial Strategies Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,263,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Element Wealth LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $26,000. Signature Resources Capital Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $30,000. Frazier Financial Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $32,000. Tennessee Valley Asset Management Partners bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $35,000. Finally, HighMark Wealth Management LLC lifted its holdings in Vanguard FTSE Emerging Markets ETF by 397.1% during the 4th quarter. HighMark Wealth Management LLC now owns 870 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 695 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Trading Up 1.2 %

VWO stock traded up $0.51 during trading on Monday, hitting $43.59. 2,880,253 shares of the stock traded hands, compared to its average volume of 9,760,482. Vanguard FTSE Emerging Markets ETF has a one year low of $37.46 and a one year high of $44.97. The stock has a market cap of $78.90 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. The company has a 50 day simple moving average of $42.73 and a 200 day simple moving average of $41.40.

Vanguard FTSE Emerging Markets ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

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