Hantz Financial Services Inc. significantly decreased its holdings in the Vanguard FTSE Emerging Markets ETF (NYSEARCA: VWO) by 71.7% during the third quarter of 2023. According to Holdings Channel.com, the firm now owns 24,036 shares of the exchange-traded fund (ETF) after selling 60,947 shares in that period, with the remaining shares valued at approximately $1,302,000.
In recent months, other hedge funds have also adjusted their positions in the Vanguard FTSE Emerging Markets ETF. Notably, Brighton Jones LLC increased its stake by 50.1% in the fourth quarter, acquiring an additional 27,259 shares to reach a total of 81,641 shares, valued at $3,595,000. Similarly, Revolve Wealth Partners LLC established a new position in the ETF, investing $622,000 during the same quarter.
QRG Capital Management Inc. also made a substantial move, enhancing its position in the ETF by 34.7% during the second quarter. This adjustment brought their total holdings to 14,483 shares, worth about $716,000. Vontobel Holding Ltd. increased its stake by 13.4%, acquiring an additional 56,558 shares during the second quarter to reach 478,395 shares, valued at $23,661,000. Additionally, Callan Family Office LLC grew its stake by 2.7%, now holding 197,720 shares worth $9,779,000.
Institutional investors collectively own a significant 67.19% of the ETF’s stock, reflecting strong interest in this investment vehicle.
Vanguard FTSE Emerging Markets ETF Performance
As of Friday, shares of the Vanguard FTSE Emerging Markets ETF opened at $57.26. The ETF has a market capitalization of $112.52 billion, a price-to-earnings (P/E) ratio of 15.08, and a beta of 0.55. Over the past year, the ETF recorded a low of $39.53 and a high of $58.10. Its fifty-day moving average stands at $55.12, while the two-hundred day moving average is $53.83.
The Vanguard FTSE Emerging Markets ETF aims to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, which measures the returns of stocks issued by companies based in emerging market countries. This investment strategy continues to attract various institutional investors, keen to capitalize on the growth potential of emerging markets.
For insights into other hedge fund activities concerning the Vanguard FTSE Emerging Markets ETF, visit HoldingsChannel.com for the latest 13F filings and insider trades.
