Ironsides Asset Advisors LLC Takes Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Ironsides Asset Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the 4th quarter, Holdings Channel.com reports. The firm purchased 38,475 shares of the exchange traded fund’s stock, valued at approximately $1,694,000. Vanguard FTSE Emerging Markets ETF accounts for approximately 0.5% of Ironsides Asset Advisors LLC’s holdings, making the stock its 22nd biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Tidemark LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 38.6% in the 4th quarter. Tidemark LLC now owns 1,041 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 290 shares during the period. Family Firm Inc. grew its position in Vanguard FTSE Emerging Markets ETF by 10.6% in the fourth quarter. Family Firm Inc. now owns 125,277 shares of the exchange traded fund’s stock valued at $5,517,000 after acquiring an additional 11,991 shares during the period. Van Strum & Towne Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 1.9% during the fourth quarter. Van Strum & Towne Inc. now owns 73,569 shares of the exchange traded fund’s stock worth $3,240,000 after acquiring an additional 1,350 shares in the last quarter. Greykasell Wealth Strategies Inc. bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at $1,637,000. Finally, Brandes Investment Partners LP boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 469.3% in the 4th quarter. Brandes Investment Partners LP now owns 28,139 shares of the exchange traded fund’s stock valued at $1,239,000 after purchasing an additional 23,196 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO opened at $46.08 on Friday. Vanguard FTSE Emerging Markets ETF has a twelve month low of $40.72 and a twelve month high of $49.57. The firm has a market cap of $118.89 billion, a price-to-earnings ratio of 14.75 and a beta of 0.69. The firm’s 50-day simple moving average is $44.78 and its 200-day simple moving average is $45.59.

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.