Sovereign Financial Group Inc. Raises Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Sovereign Financial Group Inc. raised its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 8.8% in the first quarter, HoldingsChannel.com reports. The fund owned 234,069 shares of the exchange traded fund’s stock after buying an additional 19,001 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for 2.2% of Sovereign Financial Group Inc.’s portfolio, making the stock its 9th biggest position. Sovereign Financial Group Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $12,651,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Motiv8 Investments LLC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 1.4% during the 4th quarter. Motiv8 Investments LLC now owns 13,024 shares of the exchange traded fund’s stock worth $700,000 after purchasing an additional 174 shares during the period. Jaffetilchin Investment Partners LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 1.6% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 11,406 shares of the exchange traded fund’s stock valued at $613,000 after purchasing an additional 178 shares during the period. Veery Capital LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 1.0% during the 4th quarter. Veery Capital LLC now owns 18,568 shares of the exchange traded fund’s stock valued at $998,000 after purchasing an additional 179 shares during the period. Berger Financial Group Inc grew its stake in Vanguard FTSE Emerging Markets ETF by 0.5% during the 4th quarter. Berger Financial Group Inc now owns 39,098 shares of the exchange traded fund’s stock worth $2,102,000 after buying an additional 181 shares during the last quarter. Finally, Ameriflex Group Inc. grew its stake in Vanguard FTSE Emerging Markets ETF by 13.2% during the 4th quarter. Ameriflex Group Inc. now owns 1,573 shares of the exchange traded fund’s stock worth $85,000 after buying an additional 183 shares during the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA VWO opened at $61.24 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 1-year low of $47.46 and a 1-year high of $61.52. The business’s fifty day moving average price is $59.24 and its two-hundred day moving average price is $56.76. The firm has a market capitalization of $124.57 billion, a PE ratio of 15.08 and a beta of 0.59.

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.