RDA Financial Network Cuts Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

RDA Financial Network lessened its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 14,016 shares of the exchange traded fund’s stock after selling 1,167 shares during the quarter. RDA Financial Network’s holdings in Vanguard FTSE Emerging Markets ETF were worth $671,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Russell Investments Group Ltd. bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter valued at $30,000. Turtle Creek Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth $30,000. Fairscale Capital LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth about $35,000. CarsonAllaria Wealth Management Ltd. bought a new stake in Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at about $39,000. Finally, Silicon Valley Capital Partners lifted its holdings in Vanguard FTSE Emerging Markets ETF by 33.3% during the first quarter. Silicon Valley Capital Partners now owns 952 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 238 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

Vanguard FTSE Emerging Markets ETF stock traded down $0.99 during mid-day trading on Tuesday, reaching $46.93. The company’s stock had a trading volume of 6,797,244 shares, compared to its average volume of 9,399,338. The firm’s fifty day moving average price is $45.47 and its two-hundred day moving average price is $44.13. Vanguard FTSE Emerging Markets ETF has a 12-month low of $37.46 and a 12-month high of $49.57. The company has a market capitalization of $84.94 billion, a P/E ratio of 11.50 and a beta of 0.80.

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.