Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Sold by Brown Miller Wealth Management LLC

Brown Miller Wealth Management LLC cut its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 14.0% in the first quarter, HoldingsChannel reports. The fund owned 48,370 shares of the exchange traded fund’s stock after selling 7,858 shares during the period. Brown Miller Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,189,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 6.6% during 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 buying an additional 6,672,276 shares during the period. Vanguard Group Inc. raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.2% during the 4th quarter. Vanguard Group Inc. now owns 67,813,025 shares of the exchange traded fund’s stock worth $2,986,486,000 after buying an additional 2,076,998 shares during the period. Betterment LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.6% during the 4th quarter. Betterment LLC now owns 59,799,391 shares of the exchange traded fund’s stock worth $2,633,565,000 after buying an additional 961,166 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of 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 buying an additional 503,443 shares during the period. Finally, Northern Trust Corp raised its stake in shares of 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 buying an additional 16,414,518 shares during the period.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock opened at $48.38 on Monday. The company has a market cap of $124.82 billion, a price-to-earnings ratio of 14.80 and a beta of 0.58. The stock has a 50 day simple moving average of $46.08 and a 200-day simple moving average of $45.37. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year 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.