Frontier Asset Management LLC Sells 25,795 Shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Frontier Asset Management LLC trimmed its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.1% during the fourth quarter, Holdings Channel reports. The firm owned 483,506 shares of the exchange traded fund’s stock after selling 25,795 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises about 7.0% of Frontier Asset Management LLC’s holdings, making the stock its 2nd largest position. Frontier Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $21,294,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VWO. Hantz Financial Services Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $26,000. Atwood & Palmer Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $27,000. Rakuten Securities Inc. lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 94.3% in the 3rd quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 283 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $28,000. Finally, Mainstream Capital Management LLC acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $28,000.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA:VWO opened at $45.96 on Friday. The business’s 50-day moving average is $44.65 and its 200-day moving average is $45.57. Vanguard FTSE Emerging Markets ETF has a 1 year low of $40.72 and a 1 year high of $49.57. The company has a market capitalization of $118.58 billion, a price-to-earnings ratio of 14.62 and a beta of 0.68.

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.