Truist Financial Corp Sells 70,657 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Truist Financial Corp reduced its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,808,209 shares of the exchange traded fund’s stock after selling 70,657 shares during the period. Truist Financial Corp owned 0.10% of Vanguard FTSE Emerging Markets ETF worth $89,434,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $26,000. Bulwark Capital Corp bought a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth about $30,000. Financial Management Professionals Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 86.1% during the second quarter. Financial Management Professionals Inc. now owns 644 shares of the exchange traded fund’s stock valued at $32,000 after purchasing an additional 298 shares in the last quarter. Finally, Reyes Financial Architecture Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 825.0% during the first quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 594 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $54.52 on Thursday. The firm’s 50 day moving average price is $52.05 and its 200-day moving average price is $48.67. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $54.85. The company has a market cap of $100.89 billion, a PE ratio of 15.08 and a beta of 0.69.

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.