Litman Gregory Wealth Management LLC Sells 22,760 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Litman Gregory Wealth Management LLC decreased its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 780,324 shares of the exchange traded fund’s stock after selling 22,760 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 3.1% of Litman Gregory Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Litman Gregory Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $42,278,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VWO. Vanguard Group Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 4.5% in the second quarter. Vanguard Group Inc. now owns 74,185,538 shares of the exchange traded fund’s stock worth $3,669,217,000 after purchasing an additional 3,194,696 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 4.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 71,616,772 shares of the exchange traded fund’s stock valued at $3,542,166,000 after purchasing an additional 3,096,579 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 44,048,578 shares of the exchange traded fund’s stock valued at $2,178,569,000 after purchasing an additional 243,030 shares during the period. Empower Advisory Group LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.3% in the 2nd quarter. Empower Advisory Group LLC now owns 34,535,105 shares of the exchange traded fund’s stock worth $1,708,106,000 after buying an additional 452,134 shares in the last quarter. Finally, Wit LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 103,498.2% during the 1st quarter. Wit LLC now owns 34,426,724 shares of the exchange traded fund’s stock worth $1,558,154,000 after buying an additional 34,393,493 shares during the period. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $53.68 on Friday. The stock’s fifty day simple moving average is $54.34 and its 200 day simple moving average is $52.41. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $56.04. The firm has a market cap of $101.50 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55.

Vanguard FTSE Emerging Markets ETF Company 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.