Franklin Resources Inc. Sells 23,768 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Franklin Resources Inc. trimmed its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 384,887 shares of the exchange traded fund’s stock after selling 23,768 shares during the quarter. Franklin Resources Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $16,950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Summit Financial LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 5.2% in the 4th quarter. Summit Financial LLC now owns 255,737 shares of the exchange traded fund’s stock worth $11,263,000 after purchasing an additional 12,689 shares during the period. C M Bidwell & Associates Ltd. raised its position in Vanguard FTSE Emerging Markets ETF by 1.1% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 28,640 shares of the exchange traded fund’s stock worth $1,261,000 after acquiring an additional 304 shares during the period. Partners in Financial Planning bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $13,166,000. Physician Wealth Advisors Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $158,000. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 16.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 4,410,231 shares of the exchange traded fund’s stock worth $192,154,000 after purchasing an additional 619,465 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

NYSEARCA VWO opened at $40.43 on Tuesday. The business’s fifty day moving average is $45.30 and its 200 day moving average is $45.71. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.93 and a fifty-two week high of $49.57. The company has a market capitalization of $104.31 billion, a PE ratio of 15.13 and a beta of 0.59.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given a dividend of $0.0468 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.