Sovran Advisors LLC Makes New $1.42 Million Investment in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Sovran Advisors LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 32,953 shares of the exchange traded fund’s stock, valued at approximately $1,417,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stonebridge Financial Group LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $33,000. Focus Financial Network Inc. raised its holdings in Vanguard FTSE Emerging Markets ETF by 3.9% during the 4th quarter. Focus Financial Network Inc. now owns 283,712 shares of the exchange traded fund’s stock valued at $12,495,000 after buying an additional 10,650 shares during the last quarter. Pachira Investments Inc. boosted its position in Vanguard FTSE Emerging Markets ETF by 3.7% during the 4th quarter. Pachira Investments Inc. now owns 59,650 shares of the exchange traded fund’s stock valued at $2,631,000 after buying an additional 2,141 shares during the period. Sapient Capital LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 14.7% in the 4th quarter. Sapient Capital LLC now owns 17,503 shares of the exchange traded fund’s stock worth $771,000 after acquiring an additional 2,237 shares during the last quarter. Finally, Ocean Park Asset Management LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 66.7% in the fourth quarter. Ocean Park Asset Management LLC now owns 6,990 shares of the exchange traded fund’s stock valued at $308,000 after acquiring an additional 2,796 shares during the period.

Vanguard FTSE Emerging Markets ETF Trading Up 1.0 %

Vanguard FTSE Emerging Markets ETF stock opened at $45.33 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.91 and a 1-year high of $49.57. The firm has a market cap of $82.05 billion, a P/E ratio of 11.50 and a beta of 0.80. The firm has a 50-day moving average of $44.70 and a 200-day moving average of $45.30.

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.