Fortis Capital Management LLC Cuts Holdings in Vanguard FTSE Emerging Markets ETF $VWO

Fortis Capital Management LLC lowered its position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 77.1% in the third quarter, HoldingsChannel reports. The fund owned 6,373 shares of the exchange traded fund’s stock after selling 21,412 shares during the quarter. Fortis Capital Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $345,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Darden Wealth Group Inc grew its holdings in Vanguard FTSE Emerging Markets ETF by 2.7% in the third quarter. Darden Wealth Group Inc now owns 7,084 shares of the exchange traded fund’s stock valued at $384,000 after purchasing an additional 184 shares during the period. Stevens Capital Partners raised its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.9% during the 3rd quarter. Stevens Capital Partners now owns 10,082 shares of the exchange traded fund’s stock worth $546,000 after buying an additional 187 shares during the period. DB Fitzpatrick & Co Inc lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 0.8% during the 3rd quarter. DB Fitzpatrick & Co Inc now owns 25,164 shares of the exchange traded fund’s stock valued at $1,363,000 after buying an additional 191 shares in the last quarter. RAM Investment Partners LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 2.9% during the 3rd quarter. RAM Investment Partners LLC now owns 6,809 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 194 shares in the last quarter. Finally, Coastal Bridge Advisors LLC grew its stake in Vanguard FTSE Emerging Markets ETF by 4.3% in the 3rd quarter. Coastal Bridge Advisors LLC now owns 4,791 shares of the exchange traded fund’s stock valued at $260,000 after acquiring an additional 198 shares during the period. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of NYSEARCA VWO opened at $58.06 on Tuesday. The firm has a fifty day moving average of $55.95 and a 200 day moving average of $54.46. The firm has a market cap of $114.09 billion, a PE ratio of 15.08 and a beta of 0.55. Vanguard FTSE Emerging Markets ETF has a one year low of $39.53 and a one year high of $58.61.

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.