Vanguard FTSE Emerging Markets ETF $VWO Stake Reduced by Smith Partners Wealth Management LLC

Smith Partners Wealth Management LLC decreased its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 39.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,901 shares of the exchange traded fund’s stock after selling 17,440 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 1.2% of Smith Partners Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. Smith Partners Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,595,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VWO. TOP Private Wealth LLC. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth $25,000. Scarborough Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth $26,000. Edgemoor Investment Advisors Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the third quarter valued at $37,000. Vision Retirement LLC lifted its holdings in Vanguard FTSE Emerging Markets ETF by 1,150.0% in the first quarter. Vision Retirement LLC now owns 675 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 621 shares during the period. Finally, Y.D. More Investments Ltd lifted its holdings in Vanguard FTSE Emerging Markets ETF by 761.1% in the first quarter. Y.D. More Investments Ltd now owns 775 shares of the exchange traded fund’s stock valued at $41,000 after buying an additional 685 shares during the period. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 1.3%

Shares of VWO opened at $57.22 on Thursday. The firm’s fifty day simple moving average is $58.72 and its two-hundred day simple moving average is $58.29. Vanguard FTSE Emerging Markets ETF has a 12 month low of $52.20 and a 12 month high of $61.53. The stock has a market capitalization of $121.15 billion, a P/E ratio of 15.08 and a beta of 0.62.

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.