TIAA Trust National Association Sells 357,104 Shares of Vanguard FTSE Emerging Markets ETF $VWO

TIAA Trust National Association lowered its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 9,173,140 shares of the exchange traded fund’s stock after selling 357,104 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for approximately 1.2% of TIAA Trust National Association’s investment portfolio, making the stock its 20th largest holding. TIAA Trust National Association’s holdings in Vanguard FTSE Emerging Markets ETF were worth $497,000,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VWO. Austin Wealth Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $970,000. REAP Financial Group LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 18.1% in the third quarter. REAP Financial Group LLC now owns 185,426 shares of the exchange traded fund’s stock worth $10,046,000 after buying an additional 28,399 shares in the last quarter. Cadence Wealth Management LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 17.4% in the second quarter. Cadence Wealth Management LLC now owns 62,928 shares of the exchange traded fund’s stock worth $3,112,000 after buying an additional 9,313 shares in the last quarter. Great Point Wealth Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the third quarter valued at approximately $2,244,000. Finally, Advyzon Investment Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth approximately $410,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $58.27 on Friday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $59.09. The firm has a market cap of $114.51 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The firm has a 50 day moving average price of $56.26 and a 200-day moving average price of $54.57.

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.