Tandem Financial LLC Sells 49,451 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Tandem Financial LLC cut its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 80.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 12,085 shares of the exchange traded fund’s stock after selling 49,451 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 0.6% of Tandem Financial LLC’s holdings, making the stock its 28th largest holding. Tandem Financial LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in VWO. Corient Private Wealth LLC grew its position in shares of Vanguard FTSE Emerging Markets ETF by 104.6% in the second quarter. Corient Private Wealth LLC now owns 13,246,257 shares of the exchange traded fund’s stock valued at $650,661,000 after purchasing an additional 6,773,228 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 5.6% in the fourth quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock valued at $4,374,632,000 after purchasing an additional 4,319,682 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 4.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock valued at $4,205,358,000 after purchasing an additional 3,390,486 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter valued at $147,665,000. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard FTSE Emerging Markets ETF by 19.6% in the third 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 purchasing 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 Performance

Shares of NYSEARCA VWO opened at $60.42 on Tuesday. The stock has a market cap of $122.90 billion, a PE ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $46.99 and a fifty-two week high of $61.03. The stock has a fifty day moving average of $57.49 and a 200-day moving average of $56.17.

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.