Lam Group Inc. Has $679,000 Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Lam Group Inc. lessened its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.3% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 15,005 shares of the exchange traded fund’s stock after selling 350 shares during the quarter. Lam Group Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $679,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Mainstream Capital Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $28,000. Tradewinds Capital Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $29,000. Stonebridge Financial Group LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $33,000. Sanctuary Wealth Management L.L.C. increased its holdings in Vanguard FTSE Emerging Markets ETF by 118.5% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 804 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 436 shares in the last quarter. Finally, Mascagni Wealth Management Inc. bought a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $37,000.

Vanguard FTSE Emerging Markets ETF Trading Down 1.5%

VWO stock opened at $48.38 on Friday. The stock has a 50-day moving average price of $46.08 and a two-hundred day moving average price of $45.37. The stock has a market cap of $124.82 billion, a PE ratio of 14.80 and a beta of 0.58. Vanguard FTSE Emerging Markets ETF has a 1 year low of $39.53 and a 1 year high of $49.57.

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.