Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) is Drive Wealth Management LLC’s 5th Largest Position

Drive Wealth Management LLC lowered its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 271,770 shares of the exchange traded fund’s stock after selling 9,355 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up 2.9% of Drive Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Drive Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $11,969,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Atwood & Palmer Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $27,000. Rakuten Securities Inc. increased its stake in 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 acquiring an additional 283 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Vanguard FTSE Emerging Markets ETF in the 3rd quarter worth approximately $42,000. Decker Retirement Planning Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $42,000. Finally, Strengthening Families & Communities LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 798.3% in the 3rd quarter. Strengthening Families & Communities LLC now owns 1,042 shares of the exchange traded fund’s stock worth $50,000 after acquiring an additional 926 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA:VWO opened at $44.58 on Monday. Vanguard FTSE Emerging Markets ETF has a 1 year low of $39.43 and a 1 year high of $49.57. The stock’s 50 day simple moving average is $44.89 and its two-hundred day simple moving average is $45.31. The company has a market cap of $80.69 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80.

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.