Lake Street Advisors Group LLC Reduces Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Lake Street Advisors Group LLC decreased its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 0.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 2,216,320 shares of the exchange traded fund’s stock after selling 4,757 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for about 4.9% of Lake Street Advisors Group LLC’s holdings, making the stock its 3rd biggest position. Lake Street Advisors Group LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $106,051,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VWO. Hudock Inc. increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.7% during the third quarter. Hudock Inc. now owns 558,994 shares of the exchange traded fund’s stock worth $26,748,000 after purchasing an additional 9,254 shares during the period. Heritage Oak Wealth Advisors LLC acquired a new stake in Vanguard FTSE Emerging Markets ETF during the third quarter worth approximately $228,000. Silver Oak Securities Incorporated boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 44.1% in the 3rd quarter. Silver Oak Securities Incorporated now owns 44,140 shares of the exchange traded fund’s stock valued at $2,130,000 after purchasing an additional 13,509 shares in the last quarter. Mount Yale Investment Advisors LLC acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $674,000. Finally, Tectonic Advisors LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 0.3% in the 3rd quarter. Tectonic Advisors LLC now owns 957,990 shares of the exchange traded fund’s stock valued at $45,840,000 after purchasing an additional 2,976 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Up 0.4 %

Shares of VWO stock traded up $0.20 during trading hours on Friday, reaching $47.28. The company’s stock had a trading volume of 1,188,239 shares, compared to its average volume of 9,226,244. The firm’s 50 day simple moving average is $46.03 and its 200-day simple moving average is $44.38. The company has a market capitalization of $85.58 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $37.61 and a fifty-two week high of $49.57.

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.