Drive Wealth Management LLC Raises Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Drive Wealth Management LLC grew its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 1.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 279,522 shares of the exchange traded fund’s stock after acquiring an additional 2,761 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 3.0% of Drive Wealth Management LLC’s holdings, making the stock its 5th largest position. Drive Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $13,825,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Baker Boyer National Bank boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.9% in the 2nd quarter. Baker Boyer National Bank now owns 11,030 shares of the exchange traded fund’s stock valued at $546,000 after buying an additional 201 shares during the last quarter. Family CFO Inc lifted its stake in Vanguard FTSE Emerging Markets ETF by 0.3% in the second quarter. Family CFO Inc now owns 71,994 shares of the exchange traded fund’s stock valued at $3,561,000 after acquiring an additional 209 shares during the last quarter. Pitti Group Wealth Management LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 3.7% in the 2nd quarter. Pitti Group Wealth Management LLC now owns 6,090 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 218 shares during the period. Dover Advisors LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 2.6% in the 2nd quarter. Dover Advisors LLC now owns 8,732 shares of the exchange traded fund’s stock valued at $432,000 after acquiring an additional 222 shares during the period. Finally, Financial Network Wealth Advisors LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 19.6% during the 1st quarter. Financial Network Wealth Advisors LLC now owns 1,387 shares of the exchange traded fund’s stock worth $63,000 after purchasing an additional 227 shares during the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA:VWO opened at $54.38 on Monday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $55.19. The company has a market capitalization of $102.83 billion, a P/E ratio of 15.08 and a beta of 0.69. The company has a 50-day simple moving average of $53.01 and a 200 day simple moving average of $49.42.

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.