Pennington Partners & CO. LLC Has $1.23 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

Pennington Partners & CO. LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 62.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 22,836 shares of the exchange traded fund’s stock after purchasing an additional 8,781 shares during the period. Pennington Partners & CO. LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,234,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in VWO. Hager Investment Management Services LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth $26,000. Scarborough Advisors LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the first quarter worth $26,000. Miller Capital Partners Inc. acquired a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at $28,000. Rakuten Securities Inc. boosted its position in Vanguard FTSE Emerging Markets ETF by 4,575.0% during the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 549 shares during the last quarter. Finally, Darwin Wealth Management LLC grew its stake in Vanguard FTSE Emerging Markets ETF by 383.9% in the first quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 476 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $58.10 on Friday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $49.37 and a fifty-two week high of $61.51. The stock’s 50-day moving average is $59.29 and its two-hundred day moving average is $57.59. The firm has a market cap of $119.29 billion, a P/E 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.