Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) is Nicholas Hoffman & Company LLC.’s 4th Largest Position

Nicholas Hoffman & Company LLC. lifted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 16.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 3,350,810 shares of the exchange traded fund’s stock after acquiring an additional 469,279 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 6.9% of Nicholas Hoffman & Company LLC.’s portfolio, making the stock its 4th largest position. Nicholas Hoffman & Company LLC.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $146,631,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Elevate Wealth Advisory Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $26,000. Turtle Creek Wealth Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $30,000. Russell Investments Group Ltd. bought a new position in Vanguard FTSE Emerging Markets ETF during the 1st quarter worth approximately $30,000. Frazier Financial Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth approximately $32,000. Finally, Tidemark LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth approximately $36,000.

Vanguard FTSE Emerging Markets ETF Stock Up 0.4 %

NYSEARCA:VWO traded up $0.16 during trading hours on Thursday, reaching $44.18. 2,421,359 shares of the stock were exchanged, compared to its average volume of 9,364,280. The firm has a 50 day simple moving average of $44.19 and a 200-day simple moving average of $43.16. Vanguard FTSE Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $45.72. The stock has a market capitalization of $79.97 billion, a P/E ratio of 11.50 and a beta of 0.80.

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.