Steele Capital Management Inc. Sells 92,012 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Steele Capital Management Inc. trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.9% in the third quarter, Holdings Channel reports. The firm owned 1,799,827 shares of the exchange traded fund’s stock after selling 92,012 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 4.3% of Steele Capital Management Inc.’s portfolio, making the stock its 8th biggest position. Steele Capital Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $97,515,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Financial Gravity Companies Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the second quarter worth about $26,000. Clayton Financial Group LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at about $26,000. Clarity Asset Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $28,000. Your Advocates Ltd. LLP purchased a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $29,000. Finally, Bulwark Capital Corp purchased a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $30,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Up 0.2%

VWO opened at $55.43 on Friday. The firm’s 50 day moving average is $54.24 and its 200-day moving average is $52.88. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $56.04. The firm has a market capitalization of $108.93 billion, a P/E 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.