Magnolia Private Wealth LLC Invests $316,000 in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Magnolia Private Wealth LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 7,165 shares of the exchange traded fund’s stock, valued at approximately $316,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VWO. Hantz Financial Services Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Atwood & Palmer Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth approximately $27,000. Rakuten Securities Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 94.3% in the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 283 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $28,000. Finally, Tradewinds Capital Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $29,000.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $45.67 on Wednesday. The stock has a market capitalization of $117.83 billion, a PE ratio of 14.62 and a beta of 0.68. The business’s 50 day simple moving average is $44.55 and its 200 day simple moving average is $45.52. Vanguard FTSE Emerging Markets ETF has a one year low of $40.72 and a one year high of $49.57.

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.