Commonwealth Equity Services LLC Decreases Stock Position in Vanguard FTSE Emerging Markets ETF $VWO

Commonwealth Equity Services LLC reduced its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.3% in the second quarter, Holdings Channel.com reports. The fund owned 7,381,487 shares of the exchange traded fund’s stock after selling 174,686 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 0.5% of Commonwealth Equity Services LLC’s investment portfolio, making the stock its 27th largest position. Commonwealth Equity Services LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $365,088,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in Vanguard FTSE Emerging Markets ETF by 4.7% in the 1st quarter. Vanguard Group Inc. now owns 70,990,842 shares of the exchange traded fund’s stock worth $3,213,045,000 after acquiring an additional 3,177,817 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Vanguard FTSE Emerging Markets ETF by 3.4% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 68,520,193 shares of the exchange traded fund’s stock worth $3,101,224,000 after acquiring an additional 2,276,593 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 1.9% in the 1st quarter. Wealthfront Advisers LLC now owns 45,420,074 shares of the exchange traded fund’s stock worth $2,055,713,000 after acquiring an additional 844,429 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Vanguard FTSE Emerging Markets ETF by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 44,048,578 shares of the exchange traded fund’s stock worth $2,178,569,000 after acquiring an additional 243,030 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Vanguard FTSE Emerging Markets ETF by 4.1% in the 1st quarter. Northern Trust Corp now owns 43,520,365 shares of the exchange traded fund’s stock worth $1,969,732,000 after acquiring an additional 1,710,474 shares during the last quarter. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Up 0.9%

Shares of VWO opened at $54.80 on Thursday. The firm has a fifty day simple moving average of $53.93 and a two-hundred day simple moving average of $50.59. The firm has a market cap of $103.62 billion, a PE ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.53 and a 1-year high of $56.04.

Vanguard FTSE Emerging Markets ETF Company 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.