Focused Wealth Management Inc Boosts Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Focused Wealth Management Inc boosted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.0% in the third quarter, HoldingsChannel reports. The firm owned 534,581 shares of the exchange traded fund’s stock after purchasing an additional 20,476 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 3.1% of Focused Wealth Management Inc’s holdings, making the stock its 6th largest holding. Focused Wealth Management Inc’s holdings in Vanguard FTSE Emerging Markets ETF were worth $28,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Financial Gravity Companies Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth about $26,000. Clarity Asset Management Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $28,000. Your Advocates Ltd. LLP bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $29,000. Bulwark Capital Corp acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $30,000. Finally, Harbor Asset Planning Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $30,000. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.9%

NYSEARCA:VWO opened at $53.11 on Friday. The stock has a 50 day simple moving average of $54.38 and a 200 day simple moving average of $52.29. The stock has a market cap of $100.43 billion, a P/E ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $56.04.

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.