SCS Capital Management LLC Grows Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

SCS Capital Management LLC grew its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 24.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 3,804,080 shares of the exchange traded fund’s stock after buying an additional 756,076 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up about 2.2% of SCS Capital Management LLC’s portfolio, making the stock its 14th largest holding. SCS Capital Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $172,173,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Network Wealth Advisors LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 19.6% in the first quarter. Financial Network Wealth Advisors LLC now owns 1,387 shares of the exchange traded fund’s stock valued at $63,000 after acquiring an additional 227 shares in the last quarter. Tsfg LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 15.7% in the first quarter. Tsfg LLC now owns 1,721 shares of the exchange traded fund’s stock valued at $78,000 after acquiring an additional 233 shares in the last quarter. ESL Trust Services LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 1.0% in the first quarter. ESL Trust Services LLC now owns 24,029 shares of the exchange traded fund’s stock valued at $1,088,000 after acquiring an additional 234 shares in the last quarter. Milestone Asset Management Group LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.4% in the first quarter. Milestone Asset Management Group LLC now owns 7,092 shares of the exchange traded fund’s stock valued at $321,000 after acquiring an additional 235 shares in the last quarter. Finally, Independent Wealth Network Inc. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.8% in the first quarter. Independent Wealth Network Inc. now owns 6,761 shares of the exchange traded fund’s stock valued at $306,000 after acquiring an additional 245 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA VWO opened at $52.48 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $52.48. The company has a market cap of $97.12 billion, a PE ratio of 15.08 and a beta of 0.69. The stock’s 50 day simple moving average is $50.76 and its 200-day simple moving average is $47.72.

About Vanguard FTSE Emerging Markets ETF

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.