MainStreet Investment Advisors LLC Cuts Stock Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

MainStreet Investment Advisors LLC reduced its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 13.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 292,190 shares of the exchange traded fund’s stock after selling 45,681 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 1.6% of MainStreet Investment Advisors LLC’s holdings, making the stock its 17th largest holding. MainStreet Investment Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $12,786,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VWO. Elevate Wealth Advisory Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at approximately $26,000. Russell Investments Group Ltd. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the first quarter worth $30,000. Turtle Creek Wealth Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF in the second quarter valued at $30,000. Frazier Financial Advisors LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at $32,000. Finally, Tidemark LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $36,000.

Vanguard FTSE Emerging Markets ETF Trading Down 1.4 %

VWO stock opened at $43.50 on Friday. The stock has a market cap of $78.74 billion, a P/E ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a twelve month low of $37.46 and a twelve month high of $45.72. The company’s 50 day moving average is $44.20 and its two-hundred day moving average is $43.20.

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.