Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) Shares Sold by Opes Wealth Management LLC

Opes Wealth Management LLC lessened its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 2.8% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 56,823 shares of the exchange traded fund’s stock after selling 1,655 shares during the period. Opes Wealth Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $2,487,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Elevate Wealth Advisory Inc. acquired a new position in Vanguard FTSE Emerging Markets ETF during the fourth quarter worth $26,000. Russell Investments Group Ltd. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 1st quarter valued at $30,000. Turtle Creek Wealth Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter valued at about $30,000. Frazier Financial Advisors LLC purchased a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $32,000. Finally, Tidemark LLC acquired a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $36,000.

Vanguard FTSE Emerging Markets ETF Trading Down 1.4 %

Shares of VWO opened at $43.51 on Friday. The firm has a market capitalization of $78.75 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. The firm’s fifty day simple moving average is $44.20 and its 200-day simple moving average is $43.18. Vanguard FTSE Emerging Markets ETF has a twelve month low of $37.46 and a twelve month high of $45.72.

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.