Fortitude Family Office LLC Sells 401 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Fortitude Family Office LLC trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 0.8% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 52,140 shares of the exchange traded fund’s stock after selling 401 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for approximately 0.8% of Fortitude Family Office LLC’s portfolio, making the stock its 24th biggest holding. Fortitude Family Office LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,360,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VWO. Newbridge Financial Services Group Inc. purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter worth $28,000. Mainstream Capital Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $28,000. Tradewinds Capital Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth about $29,000. Stonebridge Financial Group LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth approximately $33,000. Finally, Sanctuary Wealth Management L.L.C. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 118.5% in the fourth quarter. Sanctuary Wealth Management L.L.C. now owns 804 shares of the exchange traded fund’s stock worth $35,000 after purchasing an additional 436 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO opened at $49.11 on Thursday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $49.57. The stock has a market cap of $126.70 billion, a price-to-earnings ratio of 14.80 and a beta of 0.58. The firm’s fifty day moving average is $45.73 and its 200 day moving average is $45.33.

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.