Prudent Investors Network Inc. Acquires Shares of 143,195 Vanguard FTSE Emerging Markets ETF $VWO

Prudent Investors Network Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, Holdings Channel reports. The firm acquired 143,195 shares of the exchange traded fund’s stock, valued at approximately $7,698,000. Vanguard FTSE Emerging Markets ETF accounts for approximately 1.8% of Prudent Investors Network Inc.’s holdings, making the stock its 18th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $26,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter valued at approximately $27,000. Rakuten Securities Inc. boosted its holdings 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 in the last quarter. Orion Capital Management LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF by 562.6% during the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 512 shares in the last quarter. Finally, Richardson Capital Management LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF by 300.6% during the third quarter. Richardson Capital Management LLC now owns 617 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 463 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Down 2.5%

NYSEARCA VWO opened at $58.44 on Friday. Vanguard FTSE Emerging Markets ETF has a 1-year low of $46.73 and a 1-year high of $61.03. The stock’s 50 day moving average is $56.49 and its two-hundred day moving average is $55.84. The company has a market capitalization of $118.88 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59.

Vanguard FTSE Emerging Markets ETF Profile

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.