IFG Advisors LLC Sells 10,033 Shares of Vanguard FTSE Emerging Markets ETF $VWO

IFG Advisors LLC decreased its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.4% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 217,452 shares of the exchange traded fund’s stock after selling 10,033 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 1.9% of IFG Advisors LLC’s holdings, making the stock its 13th biggest holding. IFG Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $11,782,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. purchased a new position in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth approximately $26,000. Clayton Financial Group LLC bought a new stake in Vanguard FTSE Emerging Markets ETF during the 3rd quarter valued at $26,000. Clarity Asset Management Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at $28,000. Your Advocates Ltd. LLP purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at $29,000. Finally, Harbor Asset Planning Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF in the 2nd quarter worth $30,000. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Trading Up 2.2%

Shares of NYSEARCA:VWO opened at $57.26 on Friday. The company has a 50-day moving average price of $55.12 and a 200-day moving average price of $53.85. The company has a market cap of $112.52 billion, a price-to-earnings ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $58.10.

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.