Firestone Capital Management Trims Stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Firestone Capital Management cut its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 13.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,095 shares of the exchange traded fund’s stock after selling 1,861 shares during the quarter. Firestone Capital Management’s holdings in Vanguard FTSE Emerging Markets ETF were worth $497,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in VWO. TIAA Trust National Association purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF during the third quarter worth approximately $362,618,000. Charles Schwab Investment Management Inc. boosted its stake in Vanguard FTSE Emerging Markets ETF by 682.3% during the third quarter. Charles Schwab Investment Management Inc. now owns 7,974,338 shares of the exchange traded fund’s stock worth $312,673,000 after buying an additional 6,955,040 shares during the last quarter. Envestnet Portfolio Solutions Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 3rd quarter valued at $194,197,000. Summit Rock Advisors LP acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $126,776,000. Finally, Catalyst Capital Advisors LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 99.7% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 5,932,401 shares of the exchange traded fund’s stock valued at $232,609,000 after purchasing an additional 2,961,726 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of VWO stock traded down $0.57 on Tuesday, hitting $42.17. The stock had a trading volume of 10,650,298 shares, compared to its average volume of 10,338,703. The firm has a market capitalization of $76.33 billion, a P/E ratio of 11.26 and a beta of 0.80. Vanguard FTSE Emerging Markets ETF has a 1 year low of $37.46 and a 1 year high of $43.10. The company’s 50 day moving average price is $41.68 and its 200-day moving average price is $40.57.

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.