Summit Financial LLC Buys 12,689 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Summit Financial LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 255,737 shares of the exchange traded fund’s stock after purchasing an additional 12,689 shares during the quarter. Summit Financial LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $11,263,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of VWO. Hantz Financial Services Inc. bought a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth approximately $27,000. Newbridge Financial Services Group Inc. bought a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Mainstream Capital Management LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Finally, Tradewinds Capital Management LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $29,000.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO stock opened at $45.31 on Monday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $40.72 and a fifty-two week high of $49.57. The company has a market cap of $116.90 billion, a PE ratio of 14.75 and a beta of 0.69. The stock’s fifty day moving average price is $45.33 and its two-hundred day moving average price is $45.74.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were paid a $0.0468 dividend. The ex-dividend date was 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.