Mirae Asset Global Investments Co. Ltd. Lowers Stake in Vanguard FTSE Emerging Markets ETF $VWO

Mirae Asset Global Investments Co. Ltd. lowered its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 39.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 259,084 shares of the exchange traded fund’s stock after selling 166,071 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $13,928,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Clayton Financial Group LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter worth $26,000. Hager Investment Management Services LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the fourth quarter worth $26,000. Abich Financial Wealth Management LLC purchased a new position in shares of Vanguard FTSE Emerging Markets ETF in the third quarter worth $27,000. Creative Capital Management Investments LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 85.5% in the third quarter. Creative Capital Management Investments LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 278 shares in the last quarter. Finally, Orion Capital Management LLC lifted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 562.6% in the third quarter. Orion Capital Management LLC now owns 603 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 512 shares in the last quarter. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Stock Performance

VWO stock opened at $59.18 on Monday. Vanguard FTSE Emerging Markets ETF has a one year low of $43.05 and a one year high of $59.62. The company’s fifty day moving average price is $55.96 and its 200-day moving average price is $55.24. The company has a market capitalization of $120.38 billion, a PE ratio of 15.08 and a beta of 0.56.

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.