Vanguard FTSE Emerging Markets ETF $VWO Shares Sold by Newport Capital Group LLC

Newport Capital Group LLC trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 84.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,854 shares of the exchange traded fund’s stock after selling 61,227 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 0.3% of Newport Capital Group LLC’s investment portfolio, making the stock its 14th largest holding. Newport Capital Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $584,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. CFS Investment Advisory Services LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 6.3% during the fourth quarter. CFS Investment Advisory Services LLC now owns 154,199 shares of the exchange traded fund’s stock valued at $8,290,000 after buying an additional 9,159 shares in the last quarter. Baker Avenue Asset Management LP lifted its position in Vanguard FTSE Emerging Markets ETF by 1.3% during the fourth quarter. Baker Avenue Asset Management LP now owns 660,125 shares of the exchange traded fund’s stock valued at $35,488,000 after buying an additional 8,151 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $229,000. MidAtlantic Capital Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $67,000. Finally, Swmg LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 9.6% during the fourth quarter. Swmg LLC now owns 29,162 shares of the exchange traded fund’s stock valued at $1,670,000 after buying an additional 2,545 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 0.6%

Shares of VWO stock opened at $59.90 on Friday. The firm’s 50 day moving average price is $57.25 and its two-hundred day moving average price is $56.10. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $46.73 and a fifty-two week high of $61.03. The stock has a market cap of $121.85 billion, a price-to-earnings ratio of 15.08 and a beta of 0.59.

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.