Sax Wealth Advisors LLC Buys 9,571 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Sax Wealth Advisors LLC grew its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 39.4% in the 4th quarter, Holdings Channel reports. The firm owned 33,886 shares of the exchange traded fund’s stock after purchasing an additional 9,571 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,492,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VWO. Rakuten Securities Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 94.3% in the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 283 shares in the last quarter. Fairscale Capital LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $35,000. Capital Performance Advisors LLP bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter worth approximately $42,000. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at approximately $42,000. Finally, Strengthening Families & Communities LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 798.3% during the third quarter. Strengthening Families & Communities LLC now owns 1,042 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 926 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Up 0.8 %

Shares of VWO stock opened at $43.80 on Friday. The stock has a market cap of $79.28 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. The business’s fifty day moving average is $45.09 and its 200 day moving average is $45.32. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.11 and a twelve month high of $49.57.

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.