Sterling Investment Management LLC Has $1.55 Million Stock Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Sterling Investment Management LLC decreased its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 34,266 shares of the exchange traded fund’s stock after selling 971 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 1.1% of Sterling Investment Management LLC’s portfolio, making the stock its 27th largest holding. Sterling Investment Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,551,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of America Corp DE raised its stake in Vanguard FTSE Emerging Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 107,088,490 shares of the exchange traded fund’s stock worth $4,716,177,000 after purchasing an additional 6,672,276 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Vanguard FTSE Emerging Markets ETF by 3.2% in the 4th quarter. Vanguard Group Inc. now owns 67,813,025 shares of the exchange traded fund’s stock valued at $2,986,486,000 after buying an additional 2,076,998 shares in the last quarter. Betterment LLC raised its position in shares of Vanguard FTSE Emerging Markets ETF by 1.6% in the 4th quarter. Betterment LLC now owns 59,799,391 shares of the exchange traded fund’s stock valued at $2,633,565,000 after buying an additional 961,166 shares in the last quarter. Envestnet Asset Management Inc. increased its position in Vanguard FTSE Emerging Markets ETF by 1.2% during the 4th quarter. Envestnet Asset Management Inc. now owns 42,425,421 shares of the exchange traded fund’s stock worth $1,868,416,000 after purchasing an additional 503,443 shares in the last quarter. Finally, Northern Trust Corp increased its position in Vanguard FTSE Emerging Markets ETF by 64.6% during the 4th quarter. Northern Trust Corp now owns 41,809,891 shares of the exchange traded fund’s stock worth $1,841,308,000 after purchasing an additional 16,414,518 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock opened at $49.11 on Thursday. The company has a 50 day simple moving average of $45.73 and a 200 day simple moving average of $45.33. The stock has a market cap of $126.70 billion, a price-to-earnings ratio of 14.80 and a beta of 0.58. Vanguard FTSE Emerging Markets ETF has a 1 year low of $39.53 and a 1 year high of $49.57.

About Vanguard FTSE Emerging Markets ETF

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.