Steelhead Wealth Management LLC Makes New Investment in Vanguard FTSE Emerging Markets ETF $VWO

Steelhead Wealth Management LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 171,194 shares of the exchange traded fund’s stock, valued at approximately $9,253,000. Vanguard FTSE Emerging Markets ETF makes up about 4.7% of Steelhead Wealth Management LLC’s portfolio, making the stock its 6th largest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hager Investment Management Services LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at $26,000. Scarborough Advisors LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at about $26,000. Miller Capital Partners Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter worth about $28,000. Rakuten Securities Inc. grew its position in Vanguard FTSE Emerging Markets ETF by 4,575.0% in the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 549 shares in the last quarter. Finally, Darwin Wealth Management LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 383.9% during the first quarter. Darwin Wealth Management LLC now owns 600 shares of the exchange traded fund’s stock worth $32,000 after acquiring an additional 476 shares during the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA:VWO opened at $58.75 on Monday. The firm has a market capitalization of $120.62 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 1 year low of $49.37 and a 1 year high of $61.51. The business has a 50 day simple moving average of $59.22 and a 200-day simple moving average of $57.70.

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.