Modera Wealth Management LLC Trims Stake in Vanguard FTSE Emerging Markets ETF $VWO

Modera Wealth Management LLC lowered its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,632,519 shares of the exchange traded fund’s stock after selling 55,709 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 1.1% of Modera Wealth Management LLC’s portfolio, making the stock its 24th largest holding. Modera Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $88,238,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Auto Owners Insurance Co boosted its stake in Vanguard FTSE Emerging Markets ETF by 7,261.2% during the fourth quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock valued at $5,186,976,000 after buying an additional 95,173,216 shares during the period. EP Wealth Advisors LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth about $386,328,000. Corient Private Wealth LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 104.6% in the 2nd quarter. Corient Private Wealth LLC now owns 13,246,257 shares of the exchange traded fund’s stock valued at $650,661,000 after acquiring an additional 6,773,228 shares in the last quarter. OLD Mission Capital LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 10,880.4% during the 4th quarter. OLD Mission Capital LLC now owns 6,818,703 shares of the exchange traded fund’s stock valued at $366,573,000 after acquiring an additional 6,756,604 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock valued at $4,374,632,000 after acquiring an additional 4,319,682 shares during the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Down 1.7%

Shares of NYSEARCA VWO opened at $57.84 on Friday. The business has a 50-day moving average of $59.41 and a 200-day moving average of $57.44. The firm has a market capitalization of $118.75 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 12 month low of $49.37 and a 12 month high of $61.51.

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.