Fifth Third Bancorp Trims Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Fifth Third Bancorp trimmed its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 4.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,602,225 shares of the exchange traded fund’s stock after selling 81,642 shares during the period. Fifth Third Bancorp’s holdings in Vanguard FTSE Emerging Markets ETF were worth $70,562,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VWO. Atwood & Palmer Inc. purchased a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $27,000. Rakuten Securities Inc. boosted its holdings in shares of Vanguard FTSE Emerging Markets ETF by 94.3% in the third quarter. Rakuten Securities Inc. now owns 583 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 283 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Vanguard FTSE Emerging Markets ETF during the third quarter worth approximately $42,000. Decker Retirement Planning Inc. acquired a new position in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at $42,000. Finally, Strengthening Families & Communities LLC raised its position in Vanguard FTSE Emerging Markets ETF by 798.3% in the 3rd quarter. Strengthening Families & Communities LLC now owns 1,042 shares of the exchange traded fund’s stock valued at $50,000 after purchasing an additional 926 shares during the last quarter.

Vanguard FTSE Emerging Markets ETF Stock Performance

Shares of VWO opened at $44.58 on Friday. Vanguard FTSE Emerging Markets ETF has a fifty-two week low of $39.43 and a fifty-two week high of $49.57. The firm has a 50-day simple moving average of $44.90 and a 200-day simple moving average of $45.31. The company has a market capitalization of $80.69 billion, a price-to-earnings ratio of 11.50 and a beta of 0.80.

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.