Bennett Associates Wealth Management Trims Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Bennett Associates Wealth Management lowered its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 60,418 shares of the exchange traded fund’s stock after selling 1,204 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 2.3% of Bennett Associates Wealth Management’s portfolio, making the stock its 13th biggest holding. Bennett Associates Wealth Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,988,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VWO. Brighton Jones LLC grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after buying an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth approximately $622,000. LexAurum Advisors LLC grew its stake in Vanguard FTSE Emerging Markets ETF by 4.6% in the 1st quarter. LexAurum Advisors LLC now owns 11,033 shares of the exchange traded fund’s stock worth $499,000 after acquiring an additional 482 shares during the period. Miracle Mile Advisors LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at $209,000. Finally, KMG Fiduciary Partners LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.4% during the 1st quarter. KMG Fiduciary Partners LLC now owns 37,364 shares of the exchange traded fund’s stock worth $1,691,000 after purchasing an additional 1,241 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Up 0.3%

VWO stock opened at $54.98 on Tuesday. The stock has a market capitalization of $102.98 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $55.04. The stock’s fifty day simple moving average is $52.29 and its 200-day simple moving average is $48.88.

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.