Tanager Wealth Management Expands Stake in Vanguard ETF by 3.4%

Tanager Wealth Management LLP has increased its investment in the Vanguard FTSE Emerging Markets ETF (NYSEARCA: VWO) by 3.4% during the third quarter of 2023. According to the firm’s latest Form 13F filing with the Securities and Exchange Commission (SEC), Tanager now owns a total of 511,321 shares of the ETF, having acquired an additional 16,777 shares during the quarter. This investment now represents approximately 2.9% of Tanager’s overall portfolio, making it the firm’s eighth largest holding, valued at approximately $27,703,000.

Several other institutional investors have also adjusted their positions in the Vanguard FTSE Emerging Markets ETF recently. Gradient Capital Advisors LLC increased its holdings by 5.0% in the second quarter, now owning 17,770 shares worth $879,000 after adding 845 shares. Signaturefd LLC’s stake grew by 2.9%, bringing its total to 4,141,888 shares valued at $204,858,000. Opus Capital Group LLC raised its position by 3.7% to 96,774 shares, now valued at $4,786,000, while Cadence Wealth Management LLC lifted its holdings by 17.4% to 62,928 shares, worth $3,112,000. Parker Financial LLC also increased its investment by 3.1%, now owning 329,155 shares valued at $16,281,000. Collectively, hedge funds and other institutional investors currently hold 67.19% of the ETF’s stock.

Vanguard FTSE Emerging Markets ETF Overview

On Friday, shares of the Vanguard FTSE Emerging Markets ETF opened at $55.43. Over the past year, the ETF has experienced a low of $39.53 and a high of $56.04. The fund has a 50-day moving average price of $54.24 and a 200-day moving average price of $52.88. With a market capitalization of $108.93 billion, the ETF has a price-to-earnings (P/E) ratio of 15.08 and a beta of 0.55.

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 located in emerging markets. This focus makes it a popular choice among investors looking to diversify their portfolios with exposure to developing economies.

For more detailed information on institutional holdings and recent trades related to the Vanguard FTSE Emerging Markets ETF, interested parties can visit HoldingsChannel.com. Additionally, MarketBeat.com offers a free daily email newsletter summarizing the latest news and analyst ratings for the ETF and other related companies.