Founders Grove Wealth Partners LLC Purchases Shares of 139,360 Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Founders Grove Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 139,360 shares of the exchange traded fund’s stock, valued at approximately $6,137,000. Vanguard FTSE Emerging Markets ETF makes up approximately 1.8% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 17th largest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. Renaissance Technologies LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter valued at $1,396,000. Moors & Cabot Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 17.6% in the second quarter. Moors & Cabot Inc. now owns 20,993 shares of the exchange traded fund’s stock valued at $919,000 after buying an additional 3,135 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its holdings in Vanguard FTSE Emerging Markets ETF by 2.3% during the 2nd quarter. Pekin Hardy Strauss Inc. now owns 38,833 shares of the exchange traded fund’s stock worth $1,699,000 after buying an additional 860 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth about $272,000. Finally, Dravo Bay LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 6.1% during the 2nd quarter. Dravo Bay LLC now owns 198,594 shares of the exchange traded fund’s stock worth $8,690,000 after acquiring an additional 11,376 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA VWO opened at $43.01 on Wednesday. The stock’s 50-day simple moving average is $45.25 and its 200-day simple moving average is $45.34. The firm has a market capitalization of $77.85 billion, a PE ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $38.83 and a fifty-two week high of $49.57.

Vanguard FTSE Emerging Markets ETF 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.