Comerica Bank Trims Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Comerica Bank lowered its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 30.3% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 1,092,918 shares of the exchange traded fund’s stock after selling 474,479 shares during the quarter. Comerica Bank owned about 0.06% of Vanguard FTSE Emerging Markets ETF worth $59,214,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. United Financial Planning Group LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the third quarter valued at approximately $25,284,000. Maia Wealth LLC raised its position in Vanguard FTSE Emerging Markets ETF by 8.2% during the 3rd quarter. Maia Wealth LLC now owns 31,560 shares of the exchange traded fund’s stock worth $1,744,000 after buying an additional 2,398 shares during the last quarter. Nicolet Advisory Services LLC raised its position in Vanguard FTSE Emerging Markets ETF by 4.7% during the 3rd quarter. Nicolet Advisory Services LLC now owns 8,755 shares of the exchange traded fund’s stock worth $479,000 after buying an additional 393 shares during the last quarter. Regal Investment Advisors LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 2.6% during the 3rd quarter. Regal Investment Advisors LLC now owns 226,705 shares of the exchange traded fund’s stock valued at $12,283,000 after acquiring an additional 5,781 shares during the period. Finally, Sage Financial Group Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF by 7.7% during the 3rd quarter. Sage Financial Group Inc. now owns 761,237 shares of the exchange traded fund’s stock valued at $41,244,000 after acquiring an additional 54,487 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock opened at $54.02 on Friday. The company has a market capitalization of $106.16 billion, a P/E ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $59.09. The firm’s fifty day simple moving average is $56.63 and its 200-day simple moving average is $54.88.

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.