Cullen Capital Management LLC Cuts Stake in Vanguard FTSE Emerging Markets ETF $VWO

Cullen Capital Management LLC lessened its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 60.0% during the second quarter, Holdings Channel.com reports. The firm owned 8,420 shares of the exchange traded fund’s stock after selling 12,643 shares during the quarter. Cullen Capital Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $416,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 4.5% during the 2nd quarter. Vanguard Group Inc. now owns 74,185,538 shares of the exchange traded fund’s stock valued at $3,669,217,000 after acquiring an additional 3,194,696 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Emerging Markets ETF by 4.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 71,616,772 shares of the exchange traded fund’s stock worth $3,542,166,000 after acquiring an additional 3,096,579 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.6% in the second quarter. Envestnet Asset Management Inc. now owns 44,048,578 shares of the exchange traded fund’s stock worth $2,178,569,000 after purchasing an additional 243,030 shares during the last quarter. Northern Trust Corp increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.1% during the first quarter. Northern Trust Corp now owns 43,520,365 shares of the exchange traded fund’s stock valued at $1,969,732,000 after buying an additional 1,710,474 shares during the period. Finally, Empower Advisory Group LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.3% during the second quarter. Empower Advisory Group LLC now owns 34,535,105 shares of the exchange traded fund’s stock valued at $1,708,106,000 after acquiring an additional 452,134 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO opened at $53.78 on Tuesday. The company has a 50-day simple moving average of $54.45 and a two-hundred day simple moving average of $52.15. The firm has a market capitalization of $101.69 billion, a PE ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $56.04.

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.