Marino Management LLC Takes $5.40 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

Marino Management LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 100,287 shares of the exchange traded fund’s stock, valued at approximately $5,396,000. Vanguard FTSE Emerging Markets ETF accounts for about 1.1% of Marino Management LLC’s investment portfolio, making the stock its 7th biggest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Hager Investment Management Services LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $26,000. Abich Financial Wealth Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $27,000. Rakuten Securities Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4,575.0% in the 4th 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 during the last quarter. Cary Street Partners Investment Advisory LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1,223.4% in the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 622 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 575 shares during the last quarter. Finally, North Ridge Wealth Advisors Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 353.8% in the 2nd quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 513 shares during the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $59.55 on Monday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $47.46 and a 52-week high of $61.35. The business’s fifty day moving average is $58.55 and its 200-day moving average is $56.49. The firm has a market cap of $121.13 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.