Global Assets Advisory LLC Trims Position in Vanguard FTSE Emerging Markets ETF $VWO

Global Assets Advisory LLC trimmed its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 51.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 20,208 shares of the exchange traded fund’s stock after selling 21,579 shares during the period. Global Assets Advisory LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,004,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Grimes & Company Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF by 7.9% in the 2nd quarter. Grimes & Company Inc. now owns 68,549 shares of the exchange traded fund’s stock worth $3,390,000 after purchasing an additional 5,016 shares in the last quarter. Three Bridge Wealth Advisors LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 2.9% during the second quarter. Three Bridge Wealth Advisors LLC now owns 192,722 shares of the exchange traded fund’s stock valued at $9,532,000 after buying an additional 5,359 shares during the period. Merit Financial Group LLC grew its position in Vanguard FTSE Emerging Markets ETF by 50.0% during the second quarter. Merit Financial Group LLC now owns 205,603 shares of the exchange traded fund’s stock worth $10,169,000 after buying an additional 68,555 shares in the last quarter. Beacon Financial Advisory LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 75.1% in the 2nd quarter. Beacon Financial Advisory LLC now owns 14,391 shares of the exchange traded fund’s stock worth $712,000 after acquiring an additional 6,172 shares during the last quarter. Finally, Gemmer Asset Management LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.8% in the 2nd quarter. Gemmer Asset Management LLC now owns 53,916 shares of the exchange traded fund’s stock valued at $2,667,000 after acquiring an additional 934 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 0.2%

Shares of VWO opened at $54.79 on Monday. The stock has a 50-day moving average price of $52.20 and a 200-day moving average price of $48.82. The company has a market cap of $102.62 billion, a PE ratio of 15.08 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $54.94.

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.