Absolute Capital Management LLC Raises Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Absolute Capital Management LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 16.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,422 shares of the exchange traded fund’s stock after purchasing an additional 2,013 shares during the quarter. Absolute Capital Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $636,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $26,000. Atwood & Palmer Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $27,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $28,000. Mainstream Capital Management LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $28,000. Finally, Tradewinds Capital Management LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $29,000.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA:VWO opened at $46.24 on Friday. The stock has a market capitalization of $119.30 billion, a P/E ratio of 14.75 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 1 year low of $40.72 and a 1 year high of $49.57. The stock has a 50-day simple moving average of $45.01 and a 200-day simple moving average of $45.63.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be issued a $0.0468 dividend. The ex-dividend date is Friday, March 21st.

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.