Thrive Wealth Management LLC Decreases Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Thrive Wealth Management LLC lowered its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 66.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,713 shares of the exchange traded fund’s stock after selling 218,812 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for 1.2% of Thrive Wealth Management LLC’s holdings, making the stock its 11th biggest position. Thrive Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,585,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VWO. Retirement Group LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth $26,000. Silicon Valley Capital Partners acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $27,000. Tucker Asset Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the first quarter valued at about $27,000. Princeton Global Asset Management LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 156.4% in the first quarter. Princeton Global Asset Management LLC now owns 782 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 477 shares during the period. Finally, Pacific Center for Financial Services purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the first quarter worth about $33,000.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA:VWO traded down $0.44 during midday trading on Monday, hitting $40.10. The company’s stock had a trading volume of 1,644,245 shares, compared to its average volume of 9,880,469. The business’s 50 day simple moving average is $41.11 and its 200 day simple moving average is $40.51. The company has a market cap of $71.78 billion, a P/E ratio of 10.00 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 12-month low of $34.88 and a 12-month high of $43.22.

Vanguard FTSE Emerging Markets ETF Profile

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.