Abound Wealth Management Sells 5,543 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Abound Wealth Management cut its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 154,851 shares of the exchange traded fund’s stock after selling 5,543 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises 2.5% of Abound Wealth Management’s investment portfolio, making the stock its 12th biggest holding. Abound Wealth Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $6,776,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Elevate Wealth Advisory Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $26,000. Turtle Creek Wealth Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at about $30,000. Russell Investments Group Ltd. bought a new stake in Vanguard FTSE Emerging Markets ETF during the first quarter worth about $30,000. Frazier Financial Advisors LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF in the fourth quarter worth about $32,000. Finally, Tidemark LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter valued at approximately $36,000.

Vanguard FTSE Emerging Markets ETF Stock Up 0.5 %

Shares of VWO opened at $44.46 on Monday. The stock has a market cap of $80.47 billion, a P/E ratio of 11.50 and a beta of 0.80. The business’s 50 day moving average price is $44.16 and its 200-day moving average price is $43.30. Vanguard FTSE Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $45.72.

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.