Avantax Planning Partners Inc. Trims Stake in Vanguard FTSE Emerging Markets ETF $VWO

Avantax Planning Partners Inc. reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 206,723 shares of the exchange traded fund’s stock after selling 10,653 shares during the period. Avantax Planning Partners Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $11,173,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of VWO. Brighton Jones LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 50.1% during the fourth quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock valued at $3,595,000 after acquiring an additional 27,259 shares during the last quarter. Revolve Wealth Partners LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at approximately $622,000. Russell Investments Group Ltd. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 25.5% in the second quarter. Russell Investments Group Ltd. now owns 14,899 shares of the exchange traded fund’s stock valued at $737,000 after purchasing an additional 3,026 shares during the last quarter. First Trust Advisors LP boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.7% in the second quarter. First Trust Advisors LP now owns 34,401 shares of the exchange traded fund’s stock worth $1,701,000 after buying an additional 892 shares during the last quarter. Finally, Marshall Wace LLP purchased a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $5,626,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO stock opened at $58.79 on Tuesday. Vanguard FTSE Emerging Markets ETF has a one year low of $49.37 and a one year high of $61.51. The firm has a market cap of $120.70 billion, a PE ratio of 15.08 and a beta of 0.59. The firm’s fifty day moving average is $59.52 and its 200 day moving average is $57.33.

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.