Goldman Sachs Group Inc. Cuts Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Goldman Sachs Group Inc. lowered its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,575,870 shares of the exchange traded fund’s stock after selling 1,315,496 shares during the period. Goldman Sachs Group Inc. owned about 0.64% of Vanguard FTSE Emerging Markets ETF worth $750,224,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Northern Trust Corp raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 64.6% during the 4th quarter. Northern Trust Corp now owns 41,809,891 shares of the exchange traded fund’s stock worth $1,841,308,000 after buying an additional 16,414,518 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard FTSE Emerging Markets ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 107,088,490 shares of the exchange traded fund’s stock worth $4,716,177,000 after acquiring an additional 6,672,276 shares during the last quarter. Wealthspire Advisors LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 111.0% in the first quarter. Wealthspire Advisors LLC now owns 8,336,104 shares of the exchange traded fund’s stock valued at $377,292,000 after purchasing an additional 4,385,619 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 767.3% in the first quarter. Victory Capital Management Inc. now owns 2,234,019 shares of the exchange traded fund’s stock valued at $101,112,000 after purchasing an additional 1,976,432 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 20.8% during the 1st quarter. Bank of New York Mellon Corp now owns 11,202,192 shares of the exchange traded fund’s stock worth $507,011,000 after purchasing an additional 1,930,209 shares in the last quarter. 67.19% of the stock is owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $50.38 on Thursday. Vanguard FTSE Emerging Markets ETF has a 1 year low of $39.53 and a 1 year high of $51.25. The business has a 50 day moving average price of $49.33 and a 200 day moving average price of $46.64. The company has a market capitalization of $93.58 billion, a P/E 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.