Summit Asset Management LLC Reduces Position in Vanguard FTSE Europe ETF (NYSEARCA:VGK)

Summit Asset Management LLC lessened its stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 9.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 42,067 shares of the exchange traded fund’s stock after selling 4,439 shares during the quarter. Vanguard FTSE Europe ETF comprises about 0.6% of Summit Asset Management LLC’s portfolio, making the stock its 26th largest holding. Summit Asset Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $2,991,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Schrum Private Wealth Management LLC purchased a new position in Vanguard FTSE Europe ETF in the 3rd quarter valued at about $423,000. Carrera Capital Advisors acquired a new position in shares of Vanguard FTSE Europe ETF in the third quarter valued at approximately $251,000. Aptus Capital Advisors LLC lifted its stake in shares of Vanguard FTSE Europe ETF by 15.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 3,957 shares of the exchange traded fund’s stock worth $281,000 after purchasing an additional 516 shares during the period. Harbour Investments Inc. grew its holdings in Vanguard FTSE Europe ETF by 5.5% in the 3rd quarter. Harbour Investments Inc. now owns 122,638 shares of the exchange traded fund’s stock valued at $8,720,000 after buying an additional 6,410 shares during the period. Finally, Jupiter Wealth Management LLC acquired a new stake in shares of Vanguard FTSE Europe ETF in the third quarter worth approximately $145,000.

Vanguard FTSE Europe ETF Trading Down 0.6 %

VGK stock opened at $64.77 on Thursday. Vanguard FTSE Europe ETF has a 12-month low of $59.69 and a 12-month high of $72.08. The company has a market cap of $18.82 billion, a PE ratio of 14.09 and a beta of 0.85. The stock has a 50-day moving average price of $68.90 and a two-hundred day moving average price of $68.61.

Vanguard FTSE Europe ETF Profile

Vanguard European Stock Index Fund is an exchange-traded fund. The Fund seeks to track the performance of a benchmark index that measures the investment return of stocks issued by Companies located in the markets of Europe. The Fund on focuses indexing investment approach by investing all, or substantially all, of its assets in the common stocks included in the FTSE Developed Europe All Cap Index.