Journey Beyond Wealth LLC Takes $2.84 Million Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Journey Beyond Wealth LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, Holdings Channel reports. The firm purchased 64,561 shares of the exchange traded fund’s stock, valued at approximately $2,843,000. Vanguard FTSE Emerging Markets ETF makes up about 2.7% of Journey Beyond Wealth LLC’s holdings, making the stock its 12th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in the company. Ifrah Financial Services Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 2.4% in the 4th quarter. Ifrah Financial Services Inc. now owns 21,057 shares of the exchange traded fund’s stock valued at $927,000 after purchasing an additional 502 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 445.1% in the third quarter. Principal Financial Group Inc. now owns 139,244 shares of the exchange traded fund’s stock valued at $6,663,000 after buying an additional 113,699 shares during the last quarter. Barings LLC grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.3% during the fourth quarter. Barings LLC now owns 175,382 shares of the exchange traded fund’s stock worth $7,724,000 after buying an additional 8,787 shares during the last quarter. Retirement Income Solutions Inc acquired a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $261,000. Finally, State Street Corp grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 36.6% in the 3rd quarter. State Street Corp now owns 13,173 shares of the exchange traded fund’s stock valued at $630,000 after purchasing an additional 3,526 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Price Performance

Vanguard FTSE Emerging Markets ETF stock opened at $46.07 on Wednesday. The business has a 50 day simple moving average of $45.20 and a 200-day simple moving average of $45.70. Vanguard FTSE Emerging Markets ETF has a 12 month low of $40.72 and a 12 month high of $49.57. The stock has a market capitalization of $118.86 billion, a PE ratio of 14.75 and a beta of 0.69.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a $0.0468 dividend. The ex-dividend date was Friday, March 21st.

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.