Vanguard FTSE Emerging Markets ETF $VWO Shares Sold by Synergy Asset Management LLC

Synergy Asset Management LLC reduced its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 69.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,153 shares of the exchange traded fund’s stock after selling 32,254 shares during the period. Synergy Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $761,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clayton Financial Group LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter worth about $26,000. Abich Financial Wealth Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the third quarter worth about $27,000. Clarity Asset Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the second quarter valued at approximately $28,000. Creative Capital Management Investments LLC boosted its stake in Vanguard FTSE Emerging Markets ETF by 85.5% in the third quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 278 shares during the period. Finally, Orion Capital Management LLC grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 562.6% during the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 512 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Down 2.7%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $52.85 on Friday. The stock has a market capitalization of $103.86 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.53 and a twelve month high of $59.09. The business’s 50 day simple moving average is $56.31 and its 200-day simple moving average is $55.02.

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.