First National Bank of South Miami Cuts Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

First National Bank of South Miami decreased its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 9.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 76,058 shares of the exchange traded fund’s stock after selling 7,852 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 2.5% of First National Bank of South Miami’s investment portfolio, making the stock its 8th biggest position. First National Bank of South Miami’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,094,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Moneta Group Investment Advisors LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 108,287.1% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 296,468,035 shares of the exchange traded fund’s stock worth $11,556,324,000 after purchasing an additional 296,194,508 shares during the period. Bank of America Corp DE increased its holdings in Vanguard FTSE Emerging Markets ETF by 5.4% during the 1st quarter. Bank of America Corp DE now owns 80,014,266 shares of the exchange traded fund’s stock worth $3,232,576,000 after purchasing an additional 4,112,351 shares during the period. Betterment LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 1.1% during the 1st quarter. Betterment LLC now owns 72,563,778 shares of the exchange traded fund’s stock worth $2,931,577,000 after purchasing an additional 787,088 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Vanguard FTSE Emerging Markets ETF by 7.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,758,981 shares of the exchange traded fund’s stock worth $2,173,478,000 after purchasing an additional 3,909,063 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Vanguard FTSE Emerging Markets ETF by 2.8% during the 1st quarter. Vanguard Group Inc. now owns 55,415,031 shares of the exchange traded fund’s stock worth $2,556,296,000 after purchasing an additional 1,508,810 shares during the period.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $40.16 on Tuesday. The company has a market capitalization of $71.88 billion, a price-to-earnings ratio of 10.00 and a beta of 0.69. The company’s 50-day simple moving average is $41.11 and its two-hundred day simple moving average is $40.51. Vanguard FTSE Emerging Markets ETF has a one year low of $34.88 and a one year high of $43.22.

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.