Sequoia Financial Advisors LLC Sells 21,119 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Sequoia Financial Advisors LLC reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.3% during the fourth quarter, HoldingsChannel reports. The fund owned 266,751 shares of the exchange traded fund’s stock after selling 21,119 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $14,341,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VWO. Corient Private Wealth LLC raised its stake in 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 during the period. Vanguard Group Inc. grew its holdings in 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 buying an additional 4,319,682 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Emerging Markets ETF by 4.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 74,834,185 shares of the exchange traded fund’s stock valued at $4,054,516,000 after buying an additional 3,217,413 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $147,665,000. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Vanguard FTSE Emerging Markets ETF by 19.6% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 15,303,927 shares of the exchange traded fund’s stock valued at $829,163,000 after buying an additional 2,503,000 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Down 0.9%

VWO stock opened at $60.21 on Friday. The firm has a market capitalization of $122.48 billion, a PE ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a twelve month low of $45.91 and a twelve month high of $61.03. The stock has a 50-day simple moving average of $56.18 and a two-hundred day simple moving average of $55.63.

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.