Mirae Asset Global Investments Co. Ltd. Reduces Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Mirae Asset Global Investments Co. Ltd. trimmed its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 35.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 66,229 shares of the exchange traded fund’s stock after selling 35,871 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,921,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VWO. Principal Financial Group Inc. boosted its position in Vanguard FTSE Emerging Markets ETF by 445.1% during the third quarter. Principal Financial Group Inc. now owns 139,244 shares of the exchange traded fund’s stock worth $6,663,000 after acquiring an additional 113,699 shares during the last quarter. State Street Corp lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 36.6% during the 3rd quarter. State Street Corp now owns 13,173 shares of the exchange traded fund’s stock worth $630,000 after purchasing an additional 3,526 shares during the period. Osborne Partners Capital Management LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the fourth quarter. Osborne Partners Capital Management LLC now owns 1,165,058 shares of the exchange traded fund’s stock worth $51,309,000 after purchasing an additional 18,476 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the third quarter valued at $201,000. Finally, Anderson Hoagland & Co. increased its stake in Vanguard FTSE Emerging Markets ETF by 75.7% in the fourth quarter. Anderson Hoagland & Co. now owns 228,112 shares of the exchange traded fund’s stock valued at $9,991,000 after purchasing an additional 98,259 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Trading Up 0.0 %

Shares of NYSEARCA:VWO opened at $44.88 on Monday. The firm has a market cap of $81.23 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. The stock’s 50-day moving average price is $44.70 and its two-hundred day moving average price is $45.29. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.91 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.