Wharton Business Group LLC Sells 16,620 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Wharton Business Group LLC reduced its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 398,276 shares of the exchange traded fund’s stock after selling 16,620 shares during the quarter. Wharton Business Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $21,411,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Abich Financial Wealth Management LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter worth $27,000. Rakuten Securities Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 4,575.0% during the fourth quarter. Rakuten Securities Inc. now owns 561 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 549 shares in the last quarter. Cary Street Partners Investment Advisory LLC raised its position in Vanguard FTSE Emerging Markets ETF by 1,223.4% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 622 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 575 shares in the last quarter. Finally, North Ridge Wealth Advisors Inc. raised its position in Vanguard FTSE Emerging Markets ETF by 353.8% during the second quarter. North Ridge Wealth Advisors Inc. now owns 658 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 513 shares in the last quarter. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 3.8%

NYSEARCA VWO opened at $58.03 on Friday. The firm’s fifty day moving average price is $58.00 and its two-hundred day moving average price is $56.30. Vanguard FTSE Emerging Markets ETF has a 1 year low of $47.46 and a 1 year high of $61.35. The firm has a market capitalization of $118.04 billion, a P/E ratio of 15.08 and a beta of 0.59.

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.