The Manufacturers Life Insurance Company Sells 191,317 Shares of Vanguard FTSE Emerging Markets ETF $VWO

The Manufacturers Life Insurance Company lowered its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.7% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,184,133 shares of the exchange traded fund’s stock after selling 191,317 shares during the period. The Manufacturers Life Insurance Company’s holdings in Vanguard FTSE Emerging Markets ETF were worth $172,102,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC increased its position in Vanguard FTSE Emerging Markets ETF by 50.1% during the 4th 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 stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $622,000. Russell Investments Group Ltd. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 25.5% in 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 lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 2.7% in 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 approximately $5,626,000. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $57.74 on Wednesday. The company has a market cap of $118.55 billion, a PE ratio of 15.08 and a beta of 0.59. The firm’s 50 day moving average price is $59.27 and its 200-day moving average price is $57.65. Vanguard FTSE Emerging Markets ETF has a 52-week low of $49.37 and a 52-week high of $61.51.

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.