PFG Advisors Lowers Stake in Vanguard FTSE Emerging Markets ETF $VWO

PFG Advisors cut its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 319,863 shares of the exchange traded fund’s stock after selling 8,687 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up 0.8% of PFG Advisors’ investment portfolio, making the stock its 19th largest position. PFG Advisors’ holdings in Vanguard FTSE Emerging Markets ETF were worth $17,196,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of VWO. Corient Private Wealth LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 104.6% in 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 during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 4.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 74,834,185 shares of the exchange traded fund’s stock worth $4,054,516,000 after acquiring an additional 3,217,413 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.9% in the third quarter. Vanguard Group Inc. now owns 77,053,680 shares of the exchange traded fund’s stock worth $4,174,768,000 after acquiring an additional 2,868,142 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the third quarter worth approximately $147,665,000. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 19.6% in the third quarter. Mercer Global Advisors Inc. ADV now owns 15,303,927 shares of the exchange traded fund’s stock worth $829,163,000 after acquiring an additional 2,503,000 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO opened at $58.91 on Tuesday. The company’s 50 day simple moving average is $55.98 and its 200 day simple moving average is $55.27. Vanguard FTSE Emerging Markets ETF has a 1 year low of $43.05 and a 1 year high of $59.62. The stock has a market capitalization of $119.83 billion, a PE ratio of 15.08 and a beta of 0.56.

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.