Sawgrass Asset Management LLC Lowers Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Sawgrass Asset Management LLC trimmed its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.2% during the fourth quarter, HoldingsChannel.com reports. The fund owned 9,267 shares of the exchange traded fund’s stock after selling 404 shares during the period. Sawgrass Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $381,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of VWO. Element Wealth LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. SYM FINANCIAL Corp raised its position in Vanguard FTSE Emerging Markets ETF by 345.9% during the 3rd quarter. SYM FINANCIAL Corp now owns 660 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 512 shares during the last quarter. Signature Resources Capital Management LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth $30,000. Oakworth Capital Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the third quarter valued at about $33,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter valued at about $35,000.

Vanguard FTSE Emerging Markets ETF Stock Down 0.7 %

NYSEARCA VWO traded down $0.31 during trading hours on Tuesday, hitting $43.24. 7,311,126 shares of the stock were exchanged, compared to its average volume of 10,261,325. The company has a market cap of $78.26 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 12-month low of $37.46 and a 12-month high of $43.65. The stock has a 50-day moving average of $41.87 and a 200 day moving average of $40.75.

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.