Red Tortoise LLC Cuts Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Red Tortoise LLC reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 31.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 35,339 shares of the exchange traded fund’s stock after selling 15,923 shares during the quarter. Red Tortoise LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Smallwood Wealth Investment Management LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the 1st quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter worth approximately $26,000. Bulwark Capital Corp purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at approximately $30,000. Financial Management Professionals Inc. lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 86.1% during the 2nd quarter. Financial Management Professionals Inc. now owns 644 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 298 shares in the last quarter. Finally, Reyes Financial Architecture Inc. grew its stake in Vanguard FTSE Emerging Markets ETF by 825.0% in the 1st quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 594 shares during the period. Institutional investors and hedge funds own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Up 0.2%

Shares of NYSEARCA VWO opened at $54.79 on Monday. The firm has a market cap of $102.62 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69. The company’s 50-day simple moving average is $52.20 and its 200-day simple moving average is $48.82. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $54.94.

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.