Vanguard FTSE Emerging Markets ETF $VWO Stock Holdings Trimmed by Sofi Wealth LLC

Sofi Wealth LLC reduced its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 2,493,581 shares of the exchange traded fund’s stock after selling 72,302 shares during the quarter. Vanguard FTSE Emerging Markets ETF makes up approximately 6.5% of Sofi Wealth LLC’s holdings, making the stock its 6th largest holding. Sofi Wealth LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $134,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VWO. Bank of America Corp DE grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 2.9% during the fourth quarter. Bank of America Corp DE now owns 117,534,933 shares of the exchange traded fund’s stock worth $6,318,678,000 after acquiring an additional 3,367,569 shares during the last quarter. Auto Owners Insurance Co boosted its stake in Vanguard FTSE Emerging Markets ETF by 7,261.2% in the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after purchasing an additional 95,173,216 shares in the last quarter. Vanguard Group Inc. grew its position in Vanguard FTSE Emerging Markets ETF by 5.6% during the 4th quarter. Vanguard Group Inc. now owns 81,373,362 shares of the exchange traded fund’s stock worth $4,374,632,000 after purchasing an additional 4,319,682 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard FTSE Emerging Markets ETF by 4.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 78,224,671 shares of the exchange traded fund’s stock worth $4,205,358,000 after purchasing an additional 3,390,486 shares during the last quarter. Finally, Morgan Stanley increased its stake in Vanguard FTSE Emerging Markets ETF by 5.7% during the 4th quarter. Morgan Stanley now owns 53,912,443 shares of the exchange traded fund’s stock valued at $2,898,333,000 after purchasing an additional 2,927,985 shares in the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 1.1%

NYSEARCA VWO opened at $58.84 on Friday. The company has a fifty day simple moving average of $59.46 and a two-hundred day simple moving average of $57.44. The stock has a market cap of $120.80 billion, a P/E ratio of 15.08 and a beta of 0.59. Vanguard FTSE Emerging Markets ETF has a 12-month low of $49.37 and a 12-month high of $61.51.

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.