Allianz Asset Management GmbH Decreases Position in Vanguard FTSE Emerging Markets ETF $VWO

Allianz Asset Management GmbH lowered its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 22.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 297,361 shares of the exchange traded fund’s stock after selling 85,374 shares during the quarter. Allianz Asset Management GmbH’s holdings in Vanguard FTSE Emerging Markets ETF were worth $16,111,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the stock. Opus Capital Group LLC grew its holdings in Vanguard FTSE Emerging Markets ETF by 3.7% during the second quarter. Opus Capital Group LLC now owns 96,774 shares of the exchange traded fund’s stock valued at $4,786,000 after purchasing an additional 3,467 shares during the period. Cadence Wealth Management LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 17.4% in the second quarter. Cadence Wealth Management LLC now owns 62,928 shares of the exchange traded fund’s stock worth $3,112,000 after purchasing an additional 9,313 shares during the period. Parker Financial LLC raised its holdings in Vanguard FTSE Emerging Markets ETF by 3.1% in the second quarter. Parker Financial LLC now owns 329,155 shares of the exchange traded fund’s stock worth $16,281,000 after purchasing an additional 9,952 shares during the period. Perissos Private Wealth Management LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth $3,747,000. Finally, Great Point Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the third quarter worth $2,244,000. 67.19% of the stock is currently owned by hedge funds and other institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Up 2.2%

Shares of Vanguard FTSE Emerging Markets ETF stock opened at $57.26 on Friday. The stock’s fifty day simple moving average is $55.12 and its 200 day simple moving average is $53.85. The company has a market capitalization of $112.52 billion, a PE ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a 12 month low of $39.53 and a 12 month high of $58.10.

About Vanguard FTSE Emerging Markets ETF

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.