Peak Asset Management LLC Cuts Stock Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Peak Asset Management LLC decreased its stake in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 8.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 10,758 shares of the exchange traded fund’s stock after selling 1,000 shares during the period. Peak Asset Management LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $515,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Gainplan LLC lifted its position in shares of Vanguard FTSE Emerging Markets ETF by 3.7% during the 3rd quarter. Gainplan LLC now owns 56,895 shares of the exchange traded fund’s stock worth $2,490,000 after purchasing an additional 2,055 shares during the last quarter. Exchange Traded Concepts LLC purchased a new stake in Vanguard FTSE Emerging Markets ETF during the 3rd quarter worth about $201,000. NorthCrest Asset Manangement LLC increased its holdings in shares of Vanguard FTSE Emerging Markets ETF by 37.3% in the 2nd quarter. NorthCrest Asset Manangement LLC now owns 19,429 shares of the exchange traded fund’s stock valued at $850,000 after acquiring an additional 5,276 shares during the last quarter. Riversedge Advisors LLC increased its stake in Vanguard FTSE Emerging Markets ETF by 1.6% in the third quarter. Riversedge Advisors LLC now owns 285,134 shares of the exchange traded fund’s stock valued at $13,644,000 after purchasing an additional 4,525 shares during the last quarter. Finally, Apella Capital LLC boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 6.9% in the 3rd quarter. Apella Capital LLC now owns 1,039,405 shares of the exchange traded fund’s stock valued at $51,149,000 after buying an additional 67,127 shares in the last quarter.

Vanguard FTSE Emerging Markets ETF Price Performance

Shares of NYSEARCA:VWO opened at $45.49 on Thursday. Vanguard FTSE Emerging Markets ETF has a 12 month low of $38.83 and a 12 month high of $49.57. The firm has a market capitalization of $82.34 billion, a P/E ratio of 11.50 and a beta of 0.80. The company’s fifty day moving average price is $46.65 and its 200 day moving average price is $44.91.

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.