Braun Bostich & Associates Inc. Cuts Stock Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Braun Bostich & Associates Inc. reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 6.3% in the third quarter, Holdings Channel.com reports. The fund owned 36,813 shares of the exchange traded fund’s stock after selling 2,494 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 1.2% of Braun Bostich & Associates Inc.’s investment portfolio, making the stock its 24th largest position. Braun Bostich & Associates Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,762,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Russell Investments Group Ltd. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter valued at about $30,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the second quarter worth approximately $30,000. Fairscale Capital LLC bought a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $35,000. CarsonAllaria Wealth Management Ltd. purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 1st quarter valued at $39,000. Finally, Silicon Valley Capital Partners lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 33.3% during the 1st quarter. Silicon Valley Capital Partners now owns 952 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 238 shares during the period.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock opened at $46.96 on Wednesday. The company has a market cap of $85.00 billion, a P/E ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 1 year low of $37.46 and a 1 year high of $49.57. The stock’s fifty day moving average price is $45.57 and its 200-day moving average price is $44.17.

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.