Echo45 Advisors LLC Increases Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Echo45 Advisors LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 158,235 shares of the exchange traded fund’s stock after buying an additional 6,919 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 4.9% of Echo45 Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. Echo45 Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $7,572,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of VWO. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at $30,000. Russell Investments Group Ltd. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the first quarter valued at about $30,000. Fairscale Capital LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter worth about $35,000. Field & Main Bank bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $40,000. Finally, CarsonAllaria Wealth Management Ltd. purchased a new position in Vanguard FTSE Emerging Markets ETF during the first quarter valued at approximately $39,000.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO traded down $0.26 on Wednesday, hitting $46.75. The stock had a trading volume of 1,184,586 shares, compared to its average volume of 9,172,509. The firm has a 50-day moving average of $46.22 and a 200-day moving average of $44.53. Vanguard FTSE Emerging Markets ETF has a 52-week low of $37.66 and a 52-week high of $49.57. The company has a market capitalization of $84.62 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80.

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.