Pillar Financial Advisors LLC Reduces Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Pillar Financial Advisors LLC reduced its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,736 shares of the exchange traded fund’s stock after selling 723 shares during the period. Vanguard FTSE Emerging Markets ETF accounts for approximately 0.6% of Pillar Financial Advisors LLC’s portfolio, making the stock its 24th largest position. Pillar Financial Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $803,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter worth about $28,000. Mainstream Capital Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $28,000. Tradewinds Capital Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $29,000. Stonebridge Financial Group LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $33,000. Finally, Sanctuary Wealth Management L.L.C. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 118.5% during the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 804 shares of the exchange traded fund’s stock valued at $35,000 after purchasing an additional 436 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA VWO opened at $48.24 on Friday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $49.57. The company has a 50 day simple moving average of $45.45 and a two-hundred day simple moving average of $45.25. The company has a market capitalization of $124.46 billion, a price-to-earnings ratio of 14.80 and a beta of 0.58.

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.