Vanguard FTSE Emerging Markets ETF $VWO Stock Sold by MinichMacGregor Wealth Management LLC

MinichMacGregor Wealth Management LLC lowered its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 22.6% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 300,422 shares of the exchange traded fund’s stock after selling 87,928 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 3.0% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. MinichMacGregor Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $17,818,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Focus Financial Network Inc. lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the 3rd quarter. Focus Financial Network Inc. now owns 333,293 shares of the exchange traded fund’s stock valued at $19,768,000 after buying an additional 5,294 shares during the period. Roberts Wealth Advisors LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 0.9% in the third quarter. Roberts Wealth Advisors LLC now owns 210,902 shares of the exchange traded fund’s stock worth $12,509,000 after buying an additional 1,797 shares during the last quarter. Citrine Capital LLC increased its holdings in Vanguard FTSE Emerging Markets ETF by 9.1% during the third quarter. Citrine Capital LLC now owns 12,424 shares of the exchange traded fund’s stock valued at $737,000 after buying an additional 1,033 shares during the last quarter. Enclave Advisors LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth $508,000. Finally, My Personal CFO LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 23.1% in the 3rd quarter. My Personal CFO LLC now owns 33,561 shares of the exchange traded fund’s stock worth $1,990,000 after purchasing an additional 6,305 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock traded down $0.75 during trading hours on Wednesday, reaching $58.93. 2,833,276 shares of the company traded hands, compared to its average volume of 9,451,318. Vanguard FTSE Emerging Markets ETF has a 12-month low of $52.20 and a 12-month high of $61.53. The company has a market cap of $124.49 billion, a P/E ratio of 15.08 and a beta of 0.60. The firm has a 50-day moving average price of $60.21 and a 200 day moving average price of $59.09.

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.