SKY Mountain Capital Management Inc. Trims Stake in Vanguard FTSE Emerging Markets ETF $VWO

SKY Mountain Capital Management Inc. decreased its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 14.1% during the second quarter, Holdings Channel.com reports. The institutional investor owned 8,804 shares of the exchange traded fund’s stock after selling 1,441 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up approximately 0.3% of SKY Mountain Capital Management Inc.’s portfolio, making the stock its 23rd biggest position. SKY Mountain Capital Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. NorthStar Asset Management LLC NJ grew its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% during the 2nd quarter. NorthStar Asset Management LLC NJ now owns 16,526 shares of the exchange traded fund’s stock worth $817,000 after acquiring an additional 437 shares in the last quarter. Tarbox Family Office Inc. increased its holdings in Vanguard FTSE Emerging Markets ETF by 0.4% during the second quarter. Tarbox Family Office Inc. now owns 282,212 shares of the exchange traded fund’s stock valued at $13,958,000 after buying an additional 1,212 shares during the period. Lodestone Wealth Management LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 29.8% in the second quarter. Lodestone Wealth Management LLC now owns 7,111 shares of the exchange traded fund’s stock worth $352,000 after buying an additional 1,632 shares in the last quarter. Absolute Capital Management LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 3.7% during the 2nd quarter. Absolute Capital Management LLC now owns 17,368 shares of the exchange traded fund’s stock valued at $859,000 after acquiring an additional 612 shares in the last quarter. Finally, Howe & Rusling Inc. increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 12.5% in the 2nd quarter. Howe & Rusling Inc. now owns 194,632 shares of the exchange traded fund’s stock valued at $9,627,000 after acquiring an additional 21,669 shares during the period. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $53.92 on Thursday. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $56.04. The company has a market cap of $101.96 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. The stock’s fifty day moving average price is $54.48 and its 200 day moving average price is $51.27.

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.