Sage Financial Group Inc. Grows Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Sage Financial Group Inc. increased its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 125.7% during the first quarter, Holdings Channel reports. The firm owned 683,460 shares of the exchange traded fund’s stock after purchasing an additional 380,639 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 2.5% of Sage Financial Group Inc.’s portfolio, making the stock its 8th largest holding. Sage Financial Group Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $30,933,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mainstream Capital Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth approximately $28,000. Tradewinds Capital Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $29,000. Sanctuary Wealth Management L.L.C. lifted its stake in Vanguard FTSE Emerging Markets ETF by 118.5% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 804 shares of the exchange traded fund’s stock valued at $35,000 after acquiring an additional 436 shares during the last quarter. Mascagni Wealth Management Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $37,000. Finally, Vermillion Wealth Management Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth $37,000.

Vanguard FTSE Emerging Markets ETF Trading Down 1.2%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $47.56 on Friday. The firm has a fifty day simple moving average of $46.70 and a 200-day simple moving average of $45.46. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $49.57. The stock has a market capitalization of $122.70 billion, a price-to-earnings ratio of 14.80 and a beta of 0.58.

Vanguard FTSE Emerging Markets ETF Company 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.