Patton Fund Management Inc. Has $16.80 Million Stock Position in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Patton Fund Management Inc. lowered its position in shares of Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 3.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 381,449 shares of the exchange traded fund’s stock after selling 15,646 shares during the quarter. Vanguard FTSE Emerging Markets ETF accounts for approximately 3.3% of Patton Fund Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Patton Fund Management Inc.’s holdings in Vanguard FTSE Emerging Markets ETF were worth $16,799,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VWO. Empower Advisory Group LLC grew its position in Vanguard FTSE Emerging Markets ETF by 2.6% during the third quarter. Empower Advisory Group LLC now owns 31,623,839 shares of the exchange traded fund’s stock valued at $1,513,201,000 after buying an additional 793,333 shares during the period. JPMorgan Chase & Co. grew its position in shares of Vanguard FTSE Emerging Markets ETF by 1.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,464,403 shares of the exchange traded fund’s stock valued at $692,122,000 after acquiring an additional 190,971 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in shares of Vanguard FTSE Emerging Markets ETF by 4.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,168,112 shares of the exchange traded fund’s stock worth $677,944,000 after purchasing an additional 556,913 shares during the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.7% in the 3rd quarter. LPL Financial LLC now owns 12,270,433 shares of the exchange traded fund’s stock worth $587,140,000 after purchasing an additional 434,623 shares during the period. Finally, Citigroup Inc. raised its holdings in shares of Vanguard FTSE Emerging Markets ETF by 3.6% in the 3rd quarter. Citigroup Inc. now owns 6,571,767 shares of the exchange traded fund’s stock worth $314,459,000 after purchasing an additional 227,048 shares during the period.

Vanguard FTSE Emerging Markets ETF Trading Up 0.6 %

Shares of NYSEARCA VWO opened at $44.11 on Wednesday. The stock has a fifty day simple moving average of $44.83 and a two-hundred day simple moving average of $45.29. Vanguard FTSE Emerging Markets ETF has a 1-year low of $39.43 and a 1-year high of $49.57. The firm has a market cap of $79.84 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.