Alley Investment Management Company LLC Lowers Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Alley Investment Management Company LLC trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 0.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,761 shares of the exchange traded fund’s stock after selling 284 shares during the period. Alley Investment Management Company LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,470,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Sensible Financial Planning & Management LLC. increased its holdings in Vanguard FTSE Emerging Markets ETF by 13.0% in the first quarter. Sensible Financial Planning & Management LLC. now owns 65,600 shares of the exchange traded fund’s stock valued at $2,969,000 after buying an additional 7,567 shares in the last quarter. Pinnacle Financial Partners Inc grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 4.1% in the 1st quarter. Pinnacle Financial Partners Inc now owns 594,759 shares of the exchange traded fund’s stock worth $26,627,000 after acquiring an additional 23,528 shares during the period. Fiduciary Group LLC grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.1% in the 1st quarter. Fiduciary Group LLC now owns 143,451 shares of the exchange traded fund’s stock worth $6,493,000 after acquiring an additional 4,248 shares during the period. Equita Financial Network Inc. increased its stake in Vanguard FTSE Emerging Markets ETF by 1.3% in the 1st quarter. Equita Financial Network Inc. now owns 70,410 shares of the exchange traded fund’s stock valued at $3,187,000 after purchasing an additional 904 shares in the last quarter. Finally, Penobscot Wealth Management increased its stake in Vanguard FTSE Emerging Markets ETF by 15.1% in the 1st quarter. Penobscot Wealth Management now owns 190,542 shares of the exchange traded fund’s stock valued at $8,624,000 after purchasing an additional 25,068 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Down 0.4%

Shares of VWO stock traded down $0.17 during mid-day trading on Wednesday, reaching $49.49. The stock had a trading volume of 1,977,926 shares, compared to its average volume of 8,940,110. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $49.75. The company has a market cap of $91.09 billion, a P/E ratio of 15.08 and a beta of 0.69. The business has a 50-day simple moving average of $47.50 and a 200 day simple moving average of $45.58.

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.