Secure Asset Management LLC Decreases Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Secure Asset Management LLC reduced its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 59.9% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 11,567 shares of the exchange traded fund’s stock after selling 17,291 shares during the quarter. Secure Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $631,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Baker Boyer National Bank grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.9% in the 2nd quarter. Baker Boyer National Bank now owns 11,030 shares of the exchange traded fund’s stock worth $546,000 after acquiring an additional 201 shares during the period. Charis Legacy Partners LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 2.3% during the third quarter. Charis Legacy Partners LLC now owns 9,207 shares of the exchange traded fund’s stock worth $499,000 after purchasing an additional 206 shares in the last quarter. Family CFO Inc grew its holdings in Vanguard FTSE Emerging Markets ETF by 0.3% in the second quarter. Family CFO Inc now owns 71,994 shares of the exchange traded fund’s stock valued at $3,561,000 after purchasing an additional 209 shares during the last quarter. Pitti Group Wealth Management LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 3.7% in the second quarter. Pitti Group Wealth Management LLC now owns 6,090 shares of the exchange traded fund’s stock valued at $301,000 after purchasing an additional 218 shares during the last quarter. Finally, Dover Advisors LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 2.6% in the second quarter. Dover Advisors LLC now owns 8,732 shares of the exchange traded fund’s stock valued at $432,000 after buying an additional 222 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 0.9%

NYSEARCA:VWO opened at $53.11 on Friday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $56.04. The stock has a fifty day simple moving average of $54.38 and a 200-day simple moving average of $52.29. The company has a market capitalization of $100.43 billion, a PE ratio of 15.08 and a beta of 0.55.

Vanguard FTSE Emerging Markets ETF Company 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.