Novem Group Sells 3,683 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Novem Group cut its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 13.5% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 23,694 shares of the exchange traded fund’s stock after selling 3,683 shares during the quarter. Novem Group’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,072,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VWO. Northern Trust Corp lifted its stake in Vanguard FTSE Emerging Markets ETF by 64.6% in the fourth quarter. Northern Trust Corp now owns 41,809,891 shares of the exchange traded fund’s stock worth $1,841,308,000 after purchasing an additional 16,414,518 shares during the last quarter. Brooklyn FI LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 6,596.9% in the fourth quarter. Brooklyn FI LLC now owns 15,718,253 shares of the exchange traded fund’s stock worth $730,113,000 after buying an additional 15,483,542 shares during the period. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 107,088,490 shares of the exchange traded fund’s stock valued at $4,716,177,000 after acquiring an additional 6,672,276 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $268,180,000. Finally, Freestone Capital Holdings LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF by 186.7% during the 4th quarter. Freestone Capital Holdings LLC now owns 3,295,732 shares of the exchange traded fund’s stock valued at $145,144,000 after acquiring an additional 2,146,078 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $49.80 on Thursday. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $49.94. The business’s 50 day simple moving average is $47.61 and its two-hundred day simple moving average is $45.61. The stock has a market capitalization of $91.67 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.