DORVAL Corp Increases Stake in Vanguard FTSE Emerging Markets ETF

DORVAL Corp has increased its holdings in the Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.9% during the third quarter of 2023. The company revealed this information in its latest 13F filing with the Securities and Exchange Commission. DORVAL Corp now owns 260,913 shares of the ETF, having acquired an additional 19,148 shares in the quarter. This investment represents approximately 4.7% of DORVAL Corp’s total portfolio, making it the firm’s 10th largest holding. At the end of the quarter, these shares were valued at about $14,136,000.

Several other hedge funds have also adjusted their positions in the Vanguard FTSE Emerging Markets ETF. Gradient Capital Advisors LLC increased its stake by 5.0% in the second quarter, owning 17,770 shares valued at $879,000 after acquiring an additional 845 shares. Signaturefd LLC raised its holding by 2.9%, now owning 4,141,888 shares worth $204,858,000 following the purchase of 117,175 shares.

Opus Capital Group LLC and Cadence Wealth Management LLC also made notable adjustments. Opus Capital increased its stake by 3.7%, now holding 96,774 shares valued at $4,786,000, while Cadence Wealth Management boosted its holdings by 17.4% to 62,928 shares, worth $3,112,000 after acquiring an additional 9,313 shares. Parker Financial LLC raised its stake by 3.1%, now owning 329,155 shares valued at $16,281,000.

As of now, institutional investors and hedge funds hold approximately 67.19% of the Vanguard FTSE Emerging Markets ETF’s stock. The ETF opened at $55.54 on Wednesday, reflecting a decline of 0.8%. It has a market capitalization of $109.14 billion, a price-to-earnings ratio of 15.08, and a beta of 0.55. Over the past year, the ETF has fluctuated between a low of $39.53 and a high of $56.57. Its current 50-day moving average is $54.41, while the 200-day moving average stands at $53.25.

The Vanguard FTSE Emerging Markets ETF aims to track the performance of the FTSE Emerging Markets All Cap China A Inclusion Index, which measures returns from stocks issued by companies in emerging market countries. Investors interested in tracking the ETF’s performance can access additional information through platforms like HoldingsChannel.com, which provides updates on 13F filings and insider trades.