Bangor Savings Bank Sells 53,810 Shares of Vanguard FTSE Emerging Markets ETF $VWO

Bangor Savings Bank decreased its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 12.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 378,252 shares of the exchange traded fund’s stock after selling 53,810 shares during the quarter. Vanguard FTSE Emerging Markets ETF comprises 1.7% of Bangor Savings Bank’s holdings, making the stock its 15th biggest position. Bangor Savings Bank’s holdings in Vanguard FTSE Emerging Markets ETF were worth $22,434,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Collective Family Office LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 1.4% during the 3rd quarter. Collective Family Office LLC now owns 12,488 shares of the exchange traded fund’s stock worth $741,000 after purchasing an additional 168 shares during the period. Westfuller Advisors LLC lifted its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.6% in the first quarter. Westfuller Advisors LLC now owns 4,981 shares of the exchange traded fund’s stock valued at $269,000 after purchasing an additional 173 shares during the period. Motiv8 Investments LLC boosted its holdings in Vanguard FTSE Emerging Markets ETF by 1.4% during the fourth quarter. Motiv8 Investments LLC now owns 13,024 shares of the exchange traded fund’s stock worth $700,000 after buying an additional 174 shares in the last quarter. Evolution Wealth Management Inc. boosted its holdings in Vanguard FTSE Emerging Markets ETF by 8.0% during the first quarter. Evolution Wealth Management Inc. now owns 2,339 shares of the exchange traded fund’s stock worth $126,000 after buying an additional 174 shares in the last quarter. Finally, City Center Advisors LLC grew its position in Vanguard FTSE Emerging Markets ETF by 1.4% during the second quarter. City Center Advisors LLC now owns 13,024 shares of the exchange traded fund’s stock worth $777,000 after buying an additional 181 shares during the period. Hedge funds and other institutional investors own 67.19% of the company’s stock.

Vanguard FTSE Emerging Markets ETF Price Performance

Vanguard FTSE Emerging Markets ETF stock traded up $0.01 during mid-day trading on Tuesday, reaching $60.62. The company had a trading volume of 4,663,426 shares, compared to its average volume of 9,551,039. Vanguard FTSE Emerging Markets ETF has a 1 year low of $52.20 and a 1 year high of $61.53. The company has a market capitalization of $127.67 billion, a P/E ratio of 15.08 and a beta of 0.60. The stock’s 50-day simple moving average is $60.05 and its 200-day simple moving average is $58.84.

Vanguard FTSE Emerging Markets ETF 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.