Procyon Advisors LLC Raises Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Procyon Advisors LLC grew its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 13.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 477,633 shares of the exchange traded fund’s stock after acquiring an additional 55,495 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises about 0.4% of Procyon Advisors LLC’s holdings, making the stock its 20th largest position. Procyon Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $25,816,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Hager Investment Management Services LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $26,000. Miller Capital Partners Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $28,000. Rakuten Securities Inc. increased its stake in Vanguard FTSE Emerging Markets ETF by 4,575.0% in the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 549 shares during the period. Darwin Wealth Management LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 383.9% in the first quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 476 shares during the period. Finally, North Ridge Wealth Advisors Inc. raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 353.8% in the second quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 513 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $59.89 on Monday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $49.37 and a fifty-two week high of $61.51. The firm has a 50-day simple moving average of $59.53 and a 200-day simple moving average of $57.29. The company has a market capitalization of $122.96 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59.

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.