Genesis Financial Group LLC Takes Position in Vanguard FTSE Emerging Markets ETF $VWO

Genesis Financial Group LLC purchased a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 116,918 shares of the exchange traded fund’s stock, valued at approximately $6,286,000. Vanguard FTSE Emerging Markets ETF accounts for approximately 3.6% of Genesis Financial Group LLC’s investment portfolio, making the stock its 5th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VWO. Vanguard Group Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 3.9% in the third quarter. Vanguard Group Inc. now owns 77,053,680 shares of the exchange traded fund’s stock worth $4,174,768,000 after buying an additional 2,868,142 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Vanguard FTSE Emerging Markets ETF by 4.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 74,834,185 shares of the exchange traded fund’s stock valued at $4,054,516,000 after acquiring an additional 3,217,413 shares in the last quarter. Wealthfront Advisers LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 3.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 47,270,138 shares of the exchange traded fund’s stock valued at $2,561,096,000 after acquiring an additional 1,790,766 shares in the last quarter. Northern Trust Corp increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 0.5% in the 3rd quarter. Northern Trust Corp now owns 44,301,345 shares of the exchange traded fund’s stock valued at $2,400,247,000 after acquiring an additional 231,937 shares during the period. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.6% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 18,397,000 shares of the exchange traded fund’s stock valued at $1,022,714,000 after acquiring an additional 641,113 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.7%

VWO opened at $53.82 on Friday. The firm has a market cap of $105.76 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $59.09. The stock has a fifty day moving average price of $56.05 and a 200-day moving average price of $55.04.

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.