Kovack Advisors Inc. Reduces Stock Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Kovack Advisors Inc. reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 40.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,490 shares of the exchange traded fund’s stock after selling 11,434 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Norden Group LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth approximately $992,000. Westside Investment Management Inc. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.2% in the first quarter. Westside Investment Management Inc. now owns 41,588 shares of the exchange traded fund’s stock worth $1,738,000 after acquiring an additional 480 shares during the period. Arvest Investments Inc. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 0.9% in the first quarter. Arvest Investments Inc. now owns 437,318 shares of the exchange traded fund’s stock worth $18,267,000 after acquiring an additional 3,933 shares during the period. Lake Street Private Wealth LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 2.1% in the first quarter. Lake Street Private Wealth LLC now owns 25,791 shares of the exchange traded fund’s stock valued at $1,077,000 after purchasing an additional 531 shares in the last quarter. Finally, IVC Wealth Advisors LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.5% during the 1st quarter. IVC Wealth Advisors LLC now owns 7,858 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 266 shares during the period.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO traded up $0.65 during trading hours on Thursday, hitting $44.67. The company had a trading volume of 7,495,677 shares, compared to its average volume of 9,582,683. The firm has a market capitalization of $80.85 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $44.97. The firm has a 50 day simple moving average of $43.61 and a 200 day simple moving average of $41.89.

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.