Bruce G. Allen Investments LLC Sells 3,092 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Bruce G. Allen Investments LLC cut its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 10.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,510 shares of the exchange traded fund’s stock after selling 3,092 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises about 0.9% of Bruce G. Allen Investments LLC’s holdings, making the stock its 14th largest position. Bruce G. Allen Investments LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,123,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 5.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 58,217,006 shares of the exchange traded fund’s stock valued at $2,547,768,000 after purchasing an additional 2,996,084 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard FTSE Emerging Markets ETF by 3.0% during the second quarter. Envestnet Asset Management Inc. now owns 41,669,426 shares of the exchange traded fund’s stock valued at $1,823,454,000 after buying an additional 1,204,848 shares during the period. Empower Advisory Group LLC grew its position in Vanguard FTSE Emerging Markets ETF by 2.6% during the third quarter. Empower Advisory Group LLC now owns 31,623,839 shares of the exchange traded fund’s stock worth $1,513,201,000 after buying an additional 793,333 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Vanguard FTSE Emerging Markets ETF by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 14,464,403 shares of the exchange traded fund’s stock worth $692,122,000 after acquiring an additional 190,971 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 4.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,168,112 shares of the exchange traded fund’s stock valued at $677,944,000 after acquiring an additional 556,913 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Trading Down 1.8 %

Shares of VWO traded down $0.78 during trading hours on Friday, reaching $42.79. 12,884,724 shares of the company’s stock traded hands, compared to its average volume of 9,974,320. The firm’s 50 day simple moving average is $45.50 and its 200-day simple moving average is $45.34. The stock has a market cap of $77.45 billion, a PE ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 12 month low of $38.83 and a 12 month high of $49.57.

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.