Evergreen Wealth Management LLC Reduces Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Evergreen Wealth Management LLC trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.1% during the fourth quarter, Holdings Channel reports. The fund owned 20,429 shares of the exchange traded fund’s stock after selling 1,097 shares during the quarter. Evergreen Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $900,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of VWO. Hantz Financial Services Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $26,000. Atwood & Palmer Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $27,000. Rakuten Securities Inc. boosted its stake in Vanguard FTSE Emerging Markets ETF by 94.3% in the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 283 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $28,000. Finally, Stonebridge Financial Group LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at approximately $33,000.

Vanguard FTSE Emerging Markets ETF Stock Up 0.6 %

Shares of VWO stock opened at $45.88 on Monday. The business has a 50 day moving average of $44.63 and a two-hundred day moving average of $45.37. Vanguard FTSE Emerging Markets ETF has a 52 week low of $40.72 and a 52 week high of $49.57. The company has a market cap of $83.04 billion, a P/E ratio of 11.50 and a beta of 0.80.

Vanguard FTSE Emerging Markets ETF Profile

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.