Northwestern Mutual Wealth Management Co. Sells 2,510,518 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 77,649,601 shares of the exchange traded fund’s stock after selling 2,510,518 shares during the period. Vanguard FTSE Emerging Markets ETF comprises 2.5% of Northwestern Mutual Wealth Management Co.’s portfolio, making the stock its 11th biggest position. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $4,634,905,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock valued at $3,595,000 after purchasing an additional 27,259 shares during the period. Revolve Wealth Partners LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter worth approximately $622,000. Russell Investments Group Ltd. increased its holdings in Vanguard FTSE Emerging Markets ETF by 25.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after purchasing an additional 3,026 shares during the period. First Trust Advisors LP increased its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% during the 2nd quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after purchasing an additional 892 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth $5,626,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Down 0.4%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $60.52 on Tuesday. Vanguard FTSE Emerging Markets ETF has a 12 month low of $51.01 and a 12 month high of $61.51. The stock’s fifty day moving average price is $59.39 and its 200-day moving average price is $58.22. The firm has a market cap of $124.25 billion, a P/E ratio of 15.08 and a beta of 0.60.

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.