Rede Wealth LLC Makes New $6.74 Million Investment in Vanguard FTSE Emerging Markets ETF $VWO

by · The Cerbat Gem

Rede Wealth LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 124,438 shares of the exchange traded fund’s stock, valued at approximately $6,742,000. Vanguard FTSE Emerging Markets ETF accounts for approximately 5.3% of Rede Wealth LLC’s portfolio, making the stock its 4th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Vanguard FTSE Emerging Markets ETF by 4.5% in the 2nd quarter. Vanguard Group Inc. now owns 74,185,538 shares of the exchange traded fund’s stock valued at $3,669,217,000 after purchasing an additional 3,194,696 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Vanguard FTSE Emerging Markets ETF by 4.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 71,616,772 shares of the exchange traded fund’s stock worth $3,542,166,000 after buying an additional 3,096,579 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 0.6% during the second quarter. Envestnet Asset Management Inc. now owns 44,048,578 shares of the exchange traded fund’s stock worth $2,178,569,000 after buying an additional 243,030 shares in the last quarter. Empower Advisory Group LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 1.3% in the second quarter. Empower Advisory Group LLC now owns 34,535,105 shares of the exchange traded fund’s stock valued at $1,708,106,000 after acquiring an additional 452,134 shares during the period. Finally, Wit LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 103,498.2% in the first quarter. Wit LLC now owns 34,426,724 shares of the exchange traded fund’s stock valued at $1,558,154,000 after acquiring an additional 34,393,493 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO stock opened at $54.02 on Friday. Vanguard FTSE Emerging Markets ETF has a 52 week low of $39.53 and a 52 week high of $56.04. The company has a market capitalization of $102.15 billion, a PE ratio of 15.08 and a beta of 0.55. The company’s 50-day simple moving average is $54.33 and its 200 day simple moving average is $52.48.

Vanguard FTSE Emerging Markets ETF Company Profile

(Free Report)

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.

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