Waterfront Wealth Inc. Reduces Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Waterfront Wealth Inc. lowered its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 1.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,966 shares of the exchange traded fund’s stock after selling 862 shares during the quarter. Waterfront Wealth Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,422,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VWO. Brighton Jones LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF by 50.1% during the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock valued at $3,595,000 after acquiring an additional 27,259 shares during the period. Revolve Wealth Partners LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $622,000. GAMMA Investing LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF by 56.9% during the 1st quarter. GAMMA Investing LLC now owns 9,475 shares of the exchange traded fund’s stock valued at $429,000 after acquiring an additional 3,437 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 89.3% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 125,354 shares of the exchange traded fund’s stock valued at $5,680,000 after acquiring an additional 59,125 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF during the 1st quarter valued at $709,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Down 0.1%

VWO opened at $55.61 on Wednesday. Vanguard FTSE Emerging Markets ETF has a 52-week low of $39.53 and a 52-week high of $55.67. The stock has a market cap of $105.15 billion, a P/E ratio of 15.08 and a beta of 0.55. The business has a fifty day moving average of $53.53 and a 200 day moving average of $50.09.

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.