Penobscot Wealth Management Has $7.26 Million Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Penobscot Wealth Management lifted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 8.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 151,633 shares of the exchange traded fund’s stock after buying an additional 11,340 shares during the period. Vanguard FTSE Emerging Markets ETF comprises 3.9% of Penobscot Wealth Management’s portfolio, making the stock its 5th biggest holding. Penobscot Wealth Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $7,256,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at about $30,000. Russell Investments Group Ltd. bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth about $30,000. Fairscale Capital LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the second quarter worth about $35,000. Field & Main Bank bought a new position in Vanguard FTSE Emerging Markets ETF during the second quarter worth about $40,000. Finally, CarsonAllaria Wealth Management Ltd. bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth about $39,000.

Vanguard FTSE Emerging Markets ETF Stock Down 0.2 %

Shares of VWO opened at $46.58 on Friday. The stock has a market cap of $84.31 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 12 month low of $37.66 and a 12 month high of $49.57. The company has a 50-day moving average price of $46.30 and a two-hundred day moving average price of $44.56.

Vanguard FTSE Emerging Markets ETF Company 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.