Vanguard FTSE Emerging Markets ETF $VWO Shares Sold by Summit Investment Advisors Inc.

Summit Investment Advisors Inc. reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 7.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 216,114 shares of the exchange traded fund’s stock after selling 17,148 shares during the quarter. Summit Investment Advisors Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $9,781,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wit LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 103,498.2% in the first quarter. Wit LLC now owns 34,426,724 shares of the exchange traded fund’s stock valued at $1,558,154,000 after purchasing an additional 34,393,493 shares during the period. New Vernon Capital Holdings II LLC grew its holdings in shares of Vanguard FTSE Emerging Markets ETF by 5,742.6% during the first quarter. New Vernon Capital Holdings II LLC now owns 8,864,578 shares of the exchange traded fund’s stock worth $401,211,000 after buying an additional 8,712,854 shares during the last quarter. Wealthspire Advisors LLC increased its position in Vanguard FTSE Emerging Markets ETF by 111.0% in the 1st quarter. Wealthspire Advisors LLC now owns 8,336,104 shares of the exchange traded fund’s stock valued at $377,292,000 after acquiring an additional 4,385,619 shares during the period. Vanguard Group Inc. raised its stake in Vanguard FTSE Emerging Markets ETF by 4.7% during the 1st quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock valued at $3,213,045,000 after acquiring an additional 3,177,817 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Vanguard FTSE Emerging Markets ETF by 3.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock valued at $3,101,224,000 after acquiring an additional 2,276,593 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Down 0.1%

Shares of VWO stock opened at $54.54 on Friday. The company has a market capitalization of $103.13 billion, a P/E ratio of 15.08 and a beta of 0.55. The business’s 50 day moving average is $54.05 and its two-hundred day moving average is $50.69. Vanguard FTSE Emerging Markets ETF has a twelve month low of $39.53 and a twelve month high of $56.04.

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.