Cadence Wealth Management LLC Purchases 9,313 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Cadence Wealth Management LLC lifted its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 17.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 62,928 shares of the exchange traded fund’s stock after purchasing an additional 9,313 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 2.1% of Cadence Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Cadence Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,112,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Baker Boyer National Bank boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 1.9% in the second quarter. Baker Boyer National Bank now owns 11,030 shares of the exchange traded fund’s stock valued at $546,000 after acquiring an additional 201 shares during the period. Family CFO Inc increased its position in Vanguard FTSE Emerging Markets ETF by 0.3% during the second quarter. Family CFO Inc now owns 71,994 shares of the exchange traded fund’s stock worth $3,561,000 after acquiring an additional 209 shares during the period. Pitti Group Wealth Management LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 3.7% during 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 purchasing an additional 218 shares during the last quarter. Dover Advisors LLC boosted its holdings in 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 purchasing an additional 222 shares during the period. Finally, Financial Network Wealth Advisors LLC grew its position in Vanguard FTSE Emerging Markets ETF by 19.6% in 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 own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA:VWO opened at $53.28 on Friday. The firm’s 50-day moving average is $54.48 and its 200-day moving average is $51.29. The company has a market cap of $100.75 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $56.04.

Vanguard FTSE Emerging Markets ETF Company 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.