Mechanics Financial Corp Sells 5,096 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Mechanics Financial Corp trimmed its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 14.5% in the second quarter, HoldingsChannel reports. The firm owned 30,073 shares of the exchange traded fund’s stock after selling 5,096 shares during the quarter. Mechanics Financial Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,487,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of VWO. Wit LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 103,498.2% in the first quarter. Wit LLC now owns 34,426,724 shares of the exchange traded fund’s stock valued at $1,558,154,000 after acquiring an additional 34,393,493 shares during the period. New Vernon Capital Holdings II LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 5,742.6% in the first quarter. New Vernon Capital Holdings II LLC now owns 8,864,578 shares of the exchange traded fund’s stock valued at $401,211,000 after acquiring an additional 8,712,854 shares during the period. Wealthspire Advisors LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 111.0% in the first quarter. Wealthspire Advisors LLC now owns 8,336,104 shares of the exchange traded fund’s stock valued at $377,292,000 after acquiring an additional 4,385,619 shares during the period. Vanguard Group Inc. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 4.7% in the first quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock valued at $3,213,045,000 after acquiring an additional 3,177,817 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.4% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock valued at $3,101,224,000 after acquiring an additional 2,276,593 shares during the period. Institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $54.67 on Friday. The firm has a 50-day moving average of $52.12 and a 200-day moving average of $48.73. The stock has a market cap of $102.40 billion, a PE ratio of 15.08 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $54.94.

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.