Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Sold by Sterling Investment Management LLC

Sterling Investment Management LLC trimmed its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 1.4% during the second quarter, Holdings Channel.com reports. The fund owned 28,520 shares of the exchange traded fund’s stock after selling 406 shares during the period. Sterling Investment Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,160,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VWO. Moneta Group Investment Advisors LLC increased its position 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 in the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5.4% during the first 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 buying an additional 4,112,351 shares in the last quarter. Betterment LLC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 1.1% in the first quarter. Betterment LLC now owns 72,563,778 shares of the exchange traded fund’s stock valued at $2,931,577,000 after buying an additional 787,088 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 7.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,758,981 shares of the exchange traded fund’s stock valued at $2,173,478,000 after buying an additional 3,909,063 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.8% during the first quarter. Vanguard Group Inc. now owns 55,415,031 shares of the exchange traded fund’s stock valued at $2,556,296,000 after buying an additional 1,508,810 shares during the period.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock traded down $0.21 during midday trading on Tuesday, hitting $39.94. The stock had a trading volume of 2,558,400 shares, compared to its average volume of 9,872,286. The company’s 50-day moving average price is $41.11 and its 200 day moving average price is $40.51. The firm has a market cap of $71.49 billion, a PE 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.

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.