JDM Financial Group LLC Cuts Stake in Vanguard FTSE Emerging Markets ETF $VWO

JDM Financial Group LLC reduced its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 0.7% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 40,702 shares of the exchange traded fund’s stock after selling 284 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 1.0% of JDM Financial Group LLC’s investment portfolio, making the stock its 18th biggest holding. JDM Financial Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,013,000 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. Brighton Jones LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 50.1% during the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock valued at $3,595,000 after acquiring an additional 27,259 shares during the period. Revolve Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $622,000. GAMMA Investing LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 56.9% during the first quarter. GAMMA Investing LLC now owns 9,475 shares of the exchange traded fund’s stock valued at $429,000 after purchasing an additional 3,437 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its position in Vanguard FTSE Emerging Markets ETF by 89.3% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 125,354 shares of the exchange traded fund’s stock valued at $5,680,000 after purchasing an additional 59,125 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF in the first quarter worth approximately $709,000. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Down 0.1%

NYSEARCA:VWO opened at $55.61 on Wednesday. The company has a market cap of $105.15 billion, a PE ratio of 15.08 and a beta of 0.55. The company has a 50 day simple moving average of $53.53 and a two-hundred day simple moving average of $50.09. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $55.67.

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.