Patton Fund Management Inc. Trims Position in Vanguard FTSE Emerging Markets ETF $VWO

Patton Fund Management Inc. reduced its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 1.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 369,043 shares of the exchange traded fund’s stock after selling 5,358 shares during the period. Vanguard FTSE Emerging Markets ETF makes up 12.8% of Patton Fund Management Inc.’s portfolio, making the stock its 3rd largest holding. Patton Fund Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $18,253,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Brighton Jones LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 50.1% in the 4th quarter. Brighton Jones LLC now owns 81,641 shares of the exchange traded fund’s stock worth $3,595,000 after buying an additional 27,259 shares in the last quarter. Revolve Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $622,000. Millennium Management LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 170.7% during the 4th quarter. Millennium Management LLC now owns 57,035 shares of the exchange traded fund’s stock worth $2,512,000 after acquiring an additional 35,964 shares in the last quarter. NorthCrest Asset Manangement LLC raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 40.0% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 32,709 shares of the exchange traded fund’s stock worth $1,441,000 after acquiring an additional 9,352 shares in the last quarter. Finally, Mascagni Wealth Management Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at approximately $37,000. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.2%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $53.55 on Friday. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $54.85. The firm has a market capitalization of $99.10 billion, a price-to-earnings ratio of 15.08 and a beta of 0.69. The firm’s 50 day simple moving average is $51.85 and its two-hundred day simple moving average is $48.49.

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.