Vanguard FTSE Emerging Markets ETF $VWO Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC trimmed its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 34.5% during the third quarter, HoldingsChannel.com reports. The fund owned 90,644 shares of the exchange traded fund’s stock after selling 47,684 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $5,376,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of America Corp DE boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 23.2% in the 1st quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock valued at $7,826,778,000 after purchasing an additional 27,271,317 shares during the period. Auto Owners Insurance Co raised its holdings in Vanguard FTSE Emerging Markets ETF by 7,261.2% during the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after buying an additional 95,173,216 shares during the period. Wit LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 7.0% during the 4th quarter. Wit LLC now owns 41,074,353 shares of the exchange traded fund’s stock worth $2,208,157,000 after buying an additional 2,671,801 shares during the period. Envestnet Asset Management Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 40,194,652 shares of the exchange traded fund’s stock valued at $2,399,219,000 after buying an additional 629,936 shares in the last quarter. Finally, WealthNavi Inc. lifted its stake in Vanguard FTSE Emerging Markets ETF by 1.5% during the first quarter. WealthNavi Inc. now owns 16,101,944 shares of the exchange traded fund’s stock valued at $870,310,000 after buying an additional 244,799 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Down 0.2%

Shares of VWO traded down $0.14 during midday trading on Tuesday, hitting $59.59. The stock had a trading volume of 2,848,256 shares, compared to its average volume of 9,470,059. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $52.20 and a fifty-two week high of $61.53. The business has a 50-day simple moving average of $60.22 and a two-hundred day simple moving average of $59.06. The firm has a market cap of $125.87 billion, a P/E ratio of 15.08 and a beta of 0.60.

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.