Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Sold by Concentric Wealth Management LLC

Concentric Wealth Management LLC cut its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.3% in the third quarter, HoldingsChannel reports. The firm owned 68,466 shares of the exchange traded fund’s stock after selling 2,304 shares during the period. Concentric Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $3,276,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. Rakuten Securities Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 94.3% in the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 283 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Vanguard FTSE Emerging Markets ETF in the first quarter valued at approximately $30,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $30,000. Fairscale Capital LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $35,000. Finally, Field & Main Bank purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at approximately $40,000.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA VWO opened at $45.41 on Monday. The company has a market capitalization of $82.19 billion, a PE ratio of 11.50 and a beta of 0.80. The company’s fifty day moving average price is $46.87 and its 200 day moving average price is $45.05. Vanguard FTSE Emerging Markets ETF has a 1 year low of $38.83 and a 1 year high of $49.57.

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.