Pine Ridge Advisers LLC Lowers Stock Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Pine Ridge Advisers LLC lowered its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.6% during the second quarter, HoldingsChannel reports. The firm owned 221,067 shares of the exchange traded fund’s stock after selling 13,010 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises approximately 0.8% of Pine Ridge Advisers LLC’s portfolio, making the stock its 17th biggest holding. Pine Ridge Advisers LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $13,195,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Auto Owners Insurance Co increased its stake in Vanguard FTSE Emerging Markets ETF by 7,261.2% in the 4th quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock valued at $5,186,976,000 after buying an additional 95,173,216 shares during the period. Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 23.2% in the first quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock valued at $7,826,778,000 after acquiring an additional 27,271,317 shares in the last quarter. EP Wealth Advisors LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $386,328,000. Corient Private Wealth LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 104.6% during the second quarter. Corient Private Wealth LLC now owns 13,246,257 shares of the exchange traded fund’s stock worth $650,661,000 after acquiring an additional 6,773,228 shares during the period. Finally, OLD Mission Capital LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 10,880.4% during the fourth quarter. OLD Mission Capital LLC now owns 6,818,703 shares of the exchange traded fund’s stock worth $366,573,000 after purchasing an additional 6,756,604 shares in the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Up 0.0%

Shares of VWO opened at $60.66 on Thursday. Vanguard FTSE Emerging Markets ETF has a twelve month low of $51.01 and a twelve month high of $61.51. The stock’s 50 day moving average is $59.40 and its two-hundred day moving average is $58.15. The firm has a market capitalization of $124.54 billion, a PE ratio of 15.08 and a beta of 0.60.

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.