Level Wealth Management LLC Makes New $5.68 Million Investment in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Level Wealth Management LLC purchased a new position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 129,029 shares of the exchange traded fund’s stock, valued at approximately $5,682,000. Vanguard FTSE Emerging Markets ETF makes up 4.0% of Level Wealth Management LLC’s investment portfolio, making the stock its 6th largest holding.

A number of other hedge funds also recently bought and sold shares of the company. Empower Advisory Group LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 2.6% during the third quarter. Empower Advisory Group LLC now owns 31,623,839 shares of the exchange traded fund’s stock valued at $1,513,201,000 after purchasing an additional 793,333 shares in the last quarter. JPMorgan Chase & Co. raised its position in Vanguard FTSE Emerging Markets ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,464,403 shares of the exchange traded fund’s stock worth $692,122,000 after buying an additional 190,971 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 4.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,168,112 shares of the exchange traded fund’s stock valued at $677,944,000 after acquiring an additional 556,913 shares during the period. LPL Financial LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.7% during the 3rd quarter. LPL Financial LLC now owns 12,270,433 shares of the exchange traded fund’s stock valued at $587,140,000 after acquiring an additional 434,623 shares during the last quarter. Finally, Citigroup Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.6% in the third quarter. Citigroup Inc. now owns 6,571,767 shares of the exchange traded fund’s stock worth $314,459,000 after acquiring an additional 227,048 shares during the period.

Vanguard FTSE Emerging Markets ETF Stock Down 0.9 %

VWO opened at $44.40 on Friday. The stock has a market capitalization of $80.36 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. The firm has a 50 day moving average price of $44.77 and a 200-day moving average price of $45.27. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.43 and a twelve month high of $49.57.

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.