Brown Miller Wealth Management LLC Increases Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Brown Miller Wealth Management LLC increased its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 22.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 61,699 shares of the exchange traded fund’s stock after purchasing an additional 11,377 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for 0.9% of Brown Miller Wealth Management LLC’s investment portfolio, making the stock its 28th biggest position. Brown Miller Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,317,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VWO. Clayton Financial Group LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter valued at about $26,000. Hager Investment Management Services LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at about $26,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter valued at about $27,000. Creative Capital Management Investments LLC grew its position in Vanguard FTSE Emerging Markets ETF by 85.5% during the third quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 278 shares during the period. Finally, Orion Capital Management LLC grew its position in Vanguard FTSE Emerging Markets ETF by 562.6% during the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 512 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO stock opened at $56.75 on Monday. The stock has a 50-day moving average price of $55.81 and a two-hundred day moving average price of $55.10. Vanguard FTSE Emerging Markets ETF has a 12-month low of $42.33 and a 12-month high of $59.09. The company has a market cap of $115.44 billion, a PE ratio of 15.08 and a beta of 0.56.

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.