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

Northwestern Mutual Wealth Management Co. lessened its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 77,649,601 shares of the exchange traded fund’s stock after selling 2,510,518 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises about 2.5% of Northwestern Mutual Wealth Management Co.’s investment portfolio, making the stock its 11th biggest holding. Northwestern Mutual Wealth Management Co. owned 3.78% of Vanguard FTSE Emerging Markets ETF worth $4,634,905,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC grew its position in shares of 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 acquiring an additional 27,259 shares during the period. Revolve Wealth Partners LLC bought a new stake in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $622,000. Russell Investments Group Ltd. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 25.5% in the second quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock worth $737,000 after buying an additional 3,026 shares in the last quarter. First Trust Advisors LP boosted its position in shares of 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 valued at $1,701,000 after acquiring an additional 892 shares during the last quarter. Finally, Marshall Wace LLP purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the second quarter valued at $5,626,000. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $60.52 on Tuesday. The company’s fifty day moving average is $59.39 and its 200 day moving average is $58.22. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $51.01 and a fifty-two week high of $61.51. The stock has a market capitalization of $124.25 billion, a PE ratio of 15.08 and a beta of 0.60.

Vanguard FTSE Emerging Markets ETF 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.