Pitti Group Wealth Management LLC Buys New Shares in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Pitti Group Wealth Management LLC bought a new stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,864 shares of the exchange traded fund’s stock, valued at approximately $258,000.

Several other hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC grew its position in Vanguard FTSE Emerging Markets ETF by 0.7% during the 4th quarter. Parallel Advisors LLC now owns 273,120 shares of the exchange traded fund’s stock worth $12,028,000 after purchasing an additional 2,000 shares during the period. SouthState Corp grew its position in Vanguard FTSE Emerging Markets ETF by 21.3% during the 4th quarter. SouthState Corp now owns 2,553 shares of the exchange traded fund’s stock worth $112,000 after purchasing an additional 449 shares during the period. Creative Financial Designs Inc. ADV grew its position in Vanguard FTSE Emerging Markets ETF by 1.9% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 211,735 shares of the exchange traded fund’s stock worth $9,325,000 after purchasing an additional 3,971 shares during the period. Nipun Capital L.P. acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $4,853,000. Finally, Rockport Wealth LLC grew its position in Vanguard FTSE Emerging Markets ETF by 20.1% during the 4th quarter. Rockport Wealth LLC now owns 14,935 shares of the exchange traded fund’s stock worth $710,000 after purchasing an additional 2,495 shares during the period.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $46.08 on Monday. The business’s 50-day moving average is $44.78 and its two-hundred day moving average is $45.60. The company has a market capitalization of $118.89 billion, a P/E ratio of 14.75 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $40.72 and a fifty-two week high of $49.57.

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.