Forefront Wealth Partners LLC Takes $5.23 Million Position in Vanguard FTSE Emerging Markets ETF $VWO

Forefront Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 96,441 shares of the exchange traded fund’s stock, valued at approximately $5,225,000. Vanguard FTSE Emerging Markets ETF accounts for approximately 1.3% of Forefront Wealth Partners LLC’s investment portfolio, making the stock its 19th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 50.1% during the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after acquiring an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $622,000. Invesco Ltd. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 2.2% during the first quarter. Invesco Ltd. now owns 17,865 shares of the exchange traded fund’s stock worth $809,000 after purchasing an additional 385 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the first quarter worth about $602,000. Finally, Trexquant Investment LP boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 12.8% in the first quarter. Trexquant Investment LP now owns 8,925 shares of the exchange traded fund’s stock valued at $404,000 after purchasing an additional 1,012 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Up 0.4%

Shares of VWO opened at $53.81 on Wednesday. The company has a market cap of $101.75 billion, a P/E ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $56.04. The firm’s 50 day moving average price is $54.29 and its 200 day moving average price is $52.57.

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.