Sherman Wealth Management LLC Invests $798,000 in Vanguard FTSE Emerging Markets ETF $VWO

Sherman Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 14,731 shares of the exchange traded fund’s stock, valued at approximately $798,000.

Several other institutional investors also recently modified their holdings of the business. Clayton Financial Group LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the 3rd quarter worth about $26,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $27,000. Clarity Asset Management Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at about $28,000. Creative Capital Management Investments LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 85.5% in the third quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 278 shares during the period. Finally, Orion Capital Management LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 562.6% in the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 512 shares during the period. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Down 0.7%

VWO opened at $52.49 on Friday. The stock has a market capitalization of $103.15 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The firm has a 50 day moving average price of $56.24 and a 200-day moving average price of $55.02. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.53 and a twelve month high of $59.09.

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.