Next Capital Management LLC Decreases Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Next Capital Management LLC cut its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 22.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 9,964 shares of the exchange traded fund’s stock after selling 2,826 shares during the quarter. Next Capital Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $493,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VWO. Financial Gravity Asset Management Inc. purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 1st quarter worth $26,000. Reyes Financial Architecture Inc. raised its holdings in Vanguard FTSE Emerging Markets ETF by 825.0% in the first quarter. Reyes Financial Architecture Inc. now owns 666 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 594 shares in the last quarter. Bulwark Capital Corp bought a new position in shares of Vanguard FTSE Emerging Markets ETF during the second quarter worth about $30,000. Harbor Asset Planning Inc. bought a new position in Vanguard FTSE Emerging Markets ETF during the 2nd quarter worth approximately $30,000. Finally, Accredited Wealth Management LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 250.0% in the 1st quarter. Accredited Wealth Management LLC now owns 700 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 500 shares during the last quarter. 67.19% of the stock is owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Trading Up 0.2%

VWO stock opened at $55.09 on Tuesday. The stock’s 50 day simple moving average is $53.81 and its 200 day simple moving average is $50.48. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $56.04. The firm has a market cap of $104.17 billion, a P/E ratio of 15.08 and a beta of 0.55.

Vanguard FTSE Emerging Markets ETF Company 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.