Mechanics Financial Corp Sells 5,096 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Mechanics Financial Corp cut its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 14.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,073 shares of the exchange traded fund’s stock after selling 5,096 shares during the quarter. Mechanics Financial Corp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Smallwood Wealth Investment Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF in the first quarter valued at $26,000. Financial Gravity Asset Management Inc. bought a new position in Vanguard FTSE Emerging Markets ETF during the first quarter worth $26,000. Reyes Financial Architecture Inc. boosted its position in Vanguard FTSE Emerging Markets ETF by 825.0% during the first quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 594 shares during the period. Bulwark Capital Corp bought a new position in Vanguard FTSE Emerging Markets ETF during the second quarter worth $30,000. Finally, Accredited Wealth Management LLC boosted its position in Vanguard FTSE Emerging Markets ETF by 250.0% during the first quarter. Accredited Wealth Management LLC now owns 700 shares of the exchange traded fund’s stock worth $32,000 after purchasing an additional 500 shares during the period. 67.19% of the stock is owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO stock opened at $54.67 on Friday. The company has a fifty day moving average price of $52.12 and a two-hundred day moving average price of $48.73. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $54.94. The stock has a market cap of $102.40 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69.

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.