Abound Wealth Management Cuts Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Abound Wealth Management cut its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWOFree Report) by 3.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 154,851 shares of the exchange traded fund’s stock after selling 5,543 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 2.5% of Abound Wealth Management’s investment portfolio, making the stock its 12th largest holding. Abound Wealth Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $6,776,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Elevate Wealth Advisory Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth approximately $26,000. Russell Investments Group Ltd. purchased a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $30,000. Turtle Creek Wealth Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at about $30,000. Frazier Financial Advisors LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $32,000. Finally, Tidemark LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth approximately $36,000.

Vanguard FTSE Emerging Markets ETF Stock Up 0.5 %

VWO opened at $44.46 on Monday. Vanguard FTSE Emerging Markets ETF has a twelve month low of $37.46 and a twelve month high of $45.72. The firm has a 50 day moving average price of $44.16 and a 200-day moving average price of $43.30. The stock has a market capitalization of $80.47 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80.

Vanguard FTSE Emerging Markets ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

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