Keudell Morrison Wealth Management Buys Shares of 20,570 Vanguard FTSE Emerging Markets ETF $VWO

Keudell Morrison Wealth Management bought a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,570 shares of the exchange traded fund’s stock, valued at approximately $1,106,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management raised its position in shares of Vanguard FTSE Emerging Markets ETF by 16.9% during the fourth quarter. Brookstone Capital Management now owns 490,324 shares of the exchange traded fund’s stock worth $26,360,000 after purchasing an additional 70,731 shares during the period. Union Bancaire Privee UBP SA raised its position in shares of Vanguard FTSE Emerging Markets ETF by 4,458.1% during the fourth quarter. Union Bancaire Privee UBP SA now owns 195,633 shares of the exchange traded fund’s stock worth $10,498,000 after purchasing an additional 191,341 shares during the period. Austin Wealth Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the third quarter worth about $970,000. REAP Financial Group LLC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 18.1% during the third quarter. REAP Financial Group LLC now owns 185,426 shares of the exchange traded fund’s stock worth $10,046,000 after purchasing an additional 28,399 shares during the period. Finally, Clearstead Advisors LLC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 31.0% during the third quarter. Clearstead Advisors LLC now owns 96,027 shares of the exchange traded fund’s stock worth $5,203,000 after purchasing an additional 22,726 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA VWO opened at $58.70 on Friday. The firm has a market cap of $119.40 billion, a P/E ratio of 15.08 and a beta of 0.59. The stock’s 50-day moving average is $56.76 and its 200-day moving average is $55.92. Vanguard FTSE Emerging Markets ETF has a one year low of $46.73 and a one year high of $61.03.

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.