GK Wealth Management LLC Sells 68,892 Shares of Vanguard FTSE Emerging Markets ETF $VWO

GK Wealth Management LLC lessened its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 92.2% in the second quarter, Holdings Channel.com reports. The institutional investor owned 5,857 shares of the exchange traded fund’s stock after selling 68,892 shares during the period. GK Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $350,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of VWO. Auto Owners Insurance Co boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 7,261.2% during the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock valued at $5,186,976,000 after purchasing an additional 95,173,216 shares in the last quarter. Bank of America Corp DE grew its position in shares of Vanguard FTSE Emerging Markets ETF by 23.2% during the 1st quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock worth $7,826,778,000 after buying an additional 27,271,317 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $386,328,000. Corient Private Wealth LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 104.6% during the second quarter. Corient Private Wealth LLC now owns 13,246,257 shares of the exchange traded fund’s stock worth $650,661,000 after acquiring an additional 6,773,228 shares in the last quarter. Finally, OLD Mission Capital LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 10,880.4% in the fourth quarter. OLD Mission Capital LLC now owns 6,818,703 shares of the exchange traded fund’s stock valued at $366,573,000 after purchasing an additional 6,756,604 shares in the last quarter. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock opened at $60.01 on Thursday. The company’s 50-day moving average is $59.21 and its 200-day moving average is $57.77. The stock has a market capitalization of $123.21 billion, a PE ratio of 15.08 and a beta of 0.60. Vanguard FTSE Emerging Markets ETF has a 1 year low of $50.12 and a 1 year high of $61.51.

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.