JNBA Financial Advisors Has $16.40 Million Holdings in Vanguard FTSE Emerging Markets ETF $VWO

JNBA Financial Advisors decreased its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 302,608 shares of the exchange traded fund’s stock after selling 13,399 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 1.5% of JNBA Financial Advisors’ holdings, making the stock its 15th largest position. JNBA Financial Advisors’ holdings in Vanguard FTSE Emerging Markets ETF were worth $16,395,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Financial Gravity Companies Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth about $26,000. Clayton Financial Group LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $26,000. Clarity Asset Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the second quarter valued at about $28,000. Your Advocates Ltd. LLP bought a new stake in Vanguard FTSE Emerging Markets ETF during the second quarter worth about $29,000. Finally, Harbor Asset Planning Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $30,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Up 0.5%

NYSEARCA:VWO opened at $56.34 on Friday. The stock has a market capitalization of $110.71 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 $56.57. The firm has a 50 day moving average of $54.36 and a 200-day moving average of $53.08.

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.