Vanguard FTSE Emerging Markets ETF $VWO Shares Sold by Phillips Financial Management LLC

Phillips Financial Management LLC cut its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 12.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 25,804 shares of the exchange traded fund’s stock after selling 3,626 shares during the quarter. Phillips Financial Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,276,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Smallwood Wealth Investment Management LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter valued at $26,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 1st quarter worth $26,000. Reyes Financial Architecture Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 825.0% during the 1st quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock worth $30,000 after acquiring an additional 594 shares in the last quarter. Bulwark Capital Corp bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth $30,000. Finally, Harbor Asset Planning Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth $30,000. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Down 0.9%

VWO opened at $54.54 on Wednesday. The firm has a market cap of $103.13 billion, a PE ratio of 15.08 and a beta of 0.69. The business has a fifty day simple moving average of $53.16 and a 200-day simple moving average of $49.55. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.53 and a fifty-two week high of $55.19.

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.