First Citizens Bank & Trust Co. Sells 50,233 Shares of Vanguard FTSE Emerging Markets ETF $VWO

First Citizens Bank & Trust Co. trimmed its holdings in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 30.0% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 117,024 shares of the exchange traded fund’s stock after selling 50,233 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $6,941,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 23.2% in the first quarter. Bank of America Corp DE now owns 144,806,250 shares of the exchange traded fund’s stock valued at $7,826,778,000 after buying an additional 27,271,317 shares during the period. Auto Owners Insurance Co raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 7,261.2% during the fourth quarter. Auto Owners Insurance Co now owns 96,483,932 shares of the exchange traded fund’s stock worth $5,186,976,000 after acquiring an additional 95,173,216 shares during the period. Wit LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 7.0% during the fourth quarter. Wit LLC now owns 41,074,353 shares of the exchange traded fund’s stock worth $2,208,157,000 after acquiring an additional 2,671,801 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 40,194,652 shares of the exchange traded fund’s stock valued at $2,399,219,000 after acquiring an additional 629,936 shares in the last quarter. Finally, WealthNavi Inc. lifted its position in Vanguard FTSE Emerging Markets ETF by 1.5% in the 1st quarter. WealthNavi Inc. now owns 16,101,944 shares of the exchange traded fund’s stock valued at $870,310,000 after acquiring an additional 244,799 shares in the last quarter. 67.19% of the stock is currently owned by institutional investors and hedge funds.

Vanguard FTSE Emerging Markets ETF Price Performance

VWO opened at $59.68 on Wednesday. The business’s 50-day moving average price is $60.21 and its two-hundred day moving average price is $59.09. 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 $126.08 billion, a price-to-earnings ratio of 15.08 and a beta of 0.60.

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.