Pinnacle Financial Partners Inc Cuts Stake in Vanguard FTSE Emerging Markets ETF $VWO

Pinnacle Financial Partners Inc cut its holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 38.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 379,276 shares of the exchange traded fund’s stock after selling 235,651 shares during the period. Pinnacle Financial Partners Inc’s holdings in Vanguard FTSE Emerging Markets ETF were worth $20,549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Gradient Capital Advisors LLC boosted its position in shares of Vanguard FTSE Emerging Markets ETF by 5.0% during the 2nd quarter. Gradient Capital Advisors LLC now owns 17,770 shares of the exchange traded fund’s stock valued at $879,000 after acquiring an additional 845 shares during the last quarter. Signaturefd LLC raised its stake in Vanguard FTSE Emerging Markets ETF by 2.9% during the second quarter. Signaturefd LLC now owns 4,141,888 shares of the exchange traded fund’s stock valued at $204,858,000 after purchasing an additional 117,175 shares in the last quarter. Opus Capital Group LLC lifted its position in Vanguard FTSE Emerging Markets ETF by 3.7% during the second quarter. Opus Capital Group LLC now owns 96,774 shares of the exchange traded fund’s stock valued at $4,786,000 after purchasing an additional 3,467 shares during the last quarter. Cadence Wealth Management LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 17.4% in the 2nd quarter. Cadence Wealth Management LLC now owns 62,928 shares of the exchange traded fund’s stock worth $3,112,000 after buying an additional 9,313 shares in the last quarter. Finally, Parker Financial LLC grew its stake in shares of Vanguard FTSE Emerging Markets ETF by 3.1% in the 2nd quarter. Parker Financial LLC now owns 329,155 shares of the exchange traded fund’s stock worth $16,281,000 after buying an additional 9,952 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors.

Vanguard FTSE Emerging Markets ETF Trading Down 0.6%

Shares of NYSEARCA VWO opened at $56.00 on Friday. Vanguard FTSE Emerging Markets ETF has a 12-month low of $39.53 and a 12-month high of $56.57. The firm’s 50-day moving average price is $54.39 and its 200-day moving average price is $53.12. The stock has a market capitalization of $110.05 billion, a price-to-earnings 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.