Novak & Powell Financial Services Inc. Increases Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Novak & Powell Financial Services Inc. lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 49.0% in the third quarter, HoldingsChannel reports. The firm owned 31,184 shares of the exchange traded fund’s stock after acquiring an additional 10,252 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 0.9% of Novak & Powell Financial Services Inc.’s portfolio, making the stock its 27th biggest holding. Novak & Powell Financial Services Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,690,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC increased its position in Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after buying an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth $622,000. Advisors Capital Management LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 19.1% in the second quarter. Advisors Capital Management LLC now owns 5,513 shares of the exchange traded fund’s stock valued at $273,000 after acquiring an additional 885 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 1.6% in the second quarter. Kingsview Wealth Management LLC now owns 61,416 shares of the exchange traded fund’s stock valued at $3,038,000 after acquiring an additional 996 shares in the last quarter. Finally, MTM Investment Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter valued at $57,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Up 1.9%

Vanguard FTSE Emerging Markets ETF stock opened at $55.02 on Tuesday. The stock has a 50-day moving average price of $56.63 and a 200 day moving average price of $54.95. Vanguard FTSE Emerging Markets ETF has a 52 week low of $39.53 and a 52 week high of $59.09. The stock has a market cap of $108.12 billion, a PE ratio of 15.08 and a beta of 0.55.

Vanguard FTSE Emerging Markets ETF Company 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.