Sax Wealth Advisors LLC Sells 47,684 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Sax Wealth Advisors LLC lessened its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 34.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 90,644 shares of the exchange traded fund’s stock after selling 47,684 shares during the quarter. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $5,376,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VWO. Sapient Capital LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 22.7% in the 2nd quarter. Sapient Capital LLC now owns 94,877 shares of the exchange traded fund’s stock worth $5,663,000 after buying an additional 17,581 shares in the last quarter. Wedmont Private Capital lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 8.9% in the second quarter. Wedmont Private Capital now owns 3,571,670 shares of the exchange traded fund’s stock valued at $213,907,000 after buying an additional 290,807 shares during the period. Axxcess Wealth Management LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 5.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 772,033 shares of the exchange traded fund’s stock valued at $41,504,000 after buying an additional 41,390 shares in the last quarter. JMG Financial Group Ltd. boosted its stake in Vanguard FTSE Emerging Markets ETF by 1.7% during the first quarter. JMG Financial Group Ltd. now owns 2,930,327 shares of the exchange traded fund’s stock valued at $158,384,000 after buying an additional 48,048 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in Vanguard FTSE Emerging Markets ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 40,194,652 shares of the exchange traded fund’s stock valued at $2,399,219,000 after buying an additional 629,936 shares in the last quarter. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Down 0.2%

NYSEARCA:VWO traded down $0.14 during mid-day trading on Tuesday, reaching $59.59. 2,848,256 shares of the stock were exchanged, compared to its average volume of 9,470,059. The business has a fifty day moving average price of $60.22 and a 200 day moving average price of $59.06. The firm has a market capitalization of $125.87 billion, a PE ratio of 15.08 and a beta of 0.60. Vanguard FTSE Emerging Markets ETF has a 1-year low of $52.20 and a 1-year high of $61.53.

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.