Portland Global Advisors LLC Has $19.90 Million Stock Holdings in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO)

Portland Global Advisors LLC trimmed its stake in Vanguard FTSE Emerging Markets ETF (NYSEARCA:VWO) by 8.5% in the fourth quarter, HoldingsChannel reports. The firm owned 451,834 shares of the exchange traded fund’s stock after selling 41,904 shares during the period. Vanguard FTSE Emerging Markets ETF makes up about 2.5% of Portland Global Advisors LLC’s portfolio, making the stock its 10th largest position. Portland Global Advisors LLC’s holdings in Vanguard FTSE Emerging Markets ETF were worth $19,899,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Hantz Financial Services Inc. bought a new stake in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at $26,000. Atwood & Palmer Inc. bought a new stake in shares of Vanguard FTSE Emerging Markets ETF during the fourth quarter worth about $27,000. Newbridge Financial Services Group Inc. acquired a new stake in shares of Vanguard FTSE Emerging Markets ETF in the 4th quarter worth about $28,000. Mainstream Capital Management LLC bought a new position in Vanguard FTSE Emerging Markets ETF in the 4th quarter valued at about $28,000. Finally, Tradewinds Capital Management LLC acquired a new position in Vanguard FTSE Emerging Markets ETF during the 4th quarter valued at about $29,000.

Vanguard FTSE Emerging Markets ETF Stock Down 1.7 %

VWO stock opened at $45.31 on Friday. The firm has a market capitalization of $116.90 billion, a PE ratio of 14.75 and a beta of 0.69. Vanguard FTSE Emerging Markets ETF has a twelve month low of $40.72 and a twelve month high of $49.57. The stock’s 50 day moving average is $45.33 and its 200-day moving average is $45.73.

Vanguard FTSE Emerging Markets ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.0468 dividend. The ex-dividend date was Friday, March 21st.

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.