Absolute Capital Management LLC Grows Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Absolute Capital Management LLC boosted its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 16.2% in the fourth quarter, Holdings Channel reports. The fund owned 14,422 shares of the exchange traded fund’s stock after buying 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 SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Strategy Asset Managers LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at approximately $247,000. First Horizon Advisors Inc. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 2.4% in the 3rd quarter. First Horizon Advisors Inc. now owns 151,783 shares of the exchange traded fund’s stock valued at $7,263,000 after purchasing an additional 3,589 shares in the last quarter. Moors & Cabot Inc. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 4.8% in the 3rd quarter. Moors & Cabot Inc. now owns 22,001 shares of the exchange traded fund’s stock valued at $1,053,000 after purchasing an additional 1,008 shares in the last quarter. Citizens Financial Group Inc. RI raised its position in shares of Vanguard FTSE Emerging Markets ETF by 1.0% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 421,737 shares of the exchange traded fund’s stock valued at $20,180,000 after purchasing an additional 4,156 shares in the last quarter. Finally, Steele Capital Management Inc. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 4.8% in the 3rd quarter. Steele Capital Management Inc. now owns 1,820,720 shares of the exchange traded fund’s stock valued at $87,121,000 after purchasing an additional 83,425 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Down 0.9 %

Shares of VWO opened at $46.24 on Friday. The business’s 50 day moving average is $45.01 and its two-hundred day moving average is $45.63. Vanguard FTSE Emerging Markets ETF has a 52-week low of $40.72 and a 52-week high of $49.57. The firm has a market cap of $119.30 billion, a price-to-earnings ratio of 14.75 and a beta of 0.69.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a dividend of $0.0468 per share. 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.