Gallagher Fiduciary Advisors LLC Trims Position in Vanguard FTSE Emerging Markets ETF $VWO

Gallagher Fiduciary Advisors LLC cut its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 98.1% during the second quarter, Holdings Channel.com reports. The firm owned 59,807 shares of the exchange traded fund’s stock after selling 3,163,318 shares during the quarter. Gallagher Fiduciary Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,570,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Sapient Capital LLC lifted its stake in Vanguard FTSE Emerging Markets ETF by 22.7% during the second quarter. Sapient Capital LLC now owns 94,877 shares of the exchange traded fund’s stock worth $5,663,000 after purchasing an additional 17,581 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 5.7% during the fourth quarter. Axxcess Wealth Management LLC now owns 772,033 shares of the exchange traded fund’s stock worth $41,504,000 after purchasing an additional 41,390 shares in the last quarter. JMG Financial Group Ltd. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 1.7% during the 1st quarter. JMG Financial Group Ltd. now owns 2,930,327 shares of the exchange traded fund’s stock worth $158,384,000 after buying an additional 48,048 shares during the last quarter. Manning & Napier Advisors LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 7.7% during the 4th quarter. Manning & Napier Advisors LLC now owns 458,789 shares of the exchange traded fund’s stock worth $24,687,000 after acquiring an additional 32,988 shares in the last quarter. Finally, Cornerstone Financial Management LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $1,278,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

NYSEARCA VWO opened at $60.64 on Wednesday. Vanguard FTSE Emerging Markets ETF has a 1 year low of $51.01 and a 1 year high of $61.51. The company has a market capitalization of $124.50 billion, a PE ratio of 15.08 and a beta of 0.60. The company has a fifty day moving average of $59.39 and a two-hundred day moving average of $58.12.

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.