Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Sold by United Community Bank

United Community Bank lowered its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.9% in the first quarter, HoldingsChannel reports. The fund owned 45,303 shares of the exchange traded fund’s stock after selling 3,881 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 0.8% of United Community Bank’s portfolio, making the stock its 29th largest position. United Community Bank’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,050,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter worth about $26,000. Reyes Financial Architecture Inc. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 825.0% during the 1st quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 594 shares during the last quarter. Sanctuary Wealth Management L.L.C. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 118.5% during the 4th quarter. Sanctuary Wealth Management L.L.C. now owns 804 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 436 shares during the last quarter. Finally, Mascagni Wealth Management Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth about $37,000. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Down 0.1%

VWO opened at $49.59 on Monday. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.53 and a twelve month high of $50.06. The company has a 50-day moving average price of $48.23 and a 200 day moving average price of $45.84. The company has a market cap of $91.77 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.