Pekin Hardy Strauss Inc. Reduces Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Pekin Hardy Strauss Inc. cut its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 5.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,948 shares of the exchange traded fund’s stock after selling 2,269 shares during the quarter. Pekin Hardy Strauss Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $1,724,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in VWO. Baystate Wealth Management LLC increased its position in shares of Vanguard FTSE Emerging Markets ETF by 5.9% during the fourth quarter. Baystate Wealth Management LLC now owns 1,045,922 shares of the exchange traded fund’s stock worth $42,987,000 after acquiring an additional 58,361 shares during the last quarter. Pittenger & Anderson Inc. boosted its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.6% during the 3rd quarter. Pittenger & Anderson Inc. now owns 154,014 shares of the exchange traded fund’s stock valued at $6,039,000 after buying an additional 5,416 shares during the last quarter. Highlander Capital Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth approximately $47,000. Motive Wealth Advisors increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.7% in the third quarter. Motive Wealth Advisors now owns 53,106 shares of the exchange traded fund’s stock worth $2,082,000 after buying an additional 899 shares during the last quarter. Finally, Cutler Investment Counsel LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 6.0% in the fourth quarter. Cutler Investment Counsel LLC now owns 60,478 shares of the exchange traded fund’s stock valued at $2,486,000 after acquiring an additional 3,436 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Down 1.3 %

Shares of VWO traded down $0.57 during midday trading on Tuesday, hitting $42.17. The company had a trading volume of 10,650,404 shares, compared to its average volume of 10,338,703. Vanguard FTSE Emerging Markets ETF has a 52 week low of $37.46 and a 52 week high of $43.10. The company’s 50 day moving average price is $41.68 and its 200 day moving average price is $40.57. The stock has a market cap of $76.33 billion, a price-to-earnings ratio of 11.26 and a beta of 0.80.

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.