Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 12-Month High – What’s Next?

Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) reached a new 52-week high during trading on Wednesday . The stock traded as high as $72.74 and last traded at $72.67, with a volume of 1607569 shares changing hands. The stock had previously closed at $71.25.

Vanguard FTSE Europe ETF Trading Up 0.7 %

The company has a market capitalization of $26.29 billion, a price-to-earnings ratio of 17.59 and a beta of 0.99. The firm’s 50-day moving average price is $67.16 and its 200 day moving average price is $67.68.

Hedge Funds Weigh In On Vanguard FTSE Europe ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Castlekeep Investment Advisors LLC bought a new stake in shares of Vanguard FTSE Europe ETF during the 4th quarter valued at approximately $278,088,000. Life Planning Partners Inc increased its holdings in shares of Vanguard FTSE Europe ETF by 6,247.0% during the fourth quarter. Life Planning Partners Inc now owns 356,828 shares of the exchange traded fund’s stock worth $22,648,000 after buying an additional 351,206 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Vanguard FTSE Europe ETF during the fourth quarter worth $19,460,000. Bank of America Corp DE lifted its stake in shares of Vanguard FTSE Europe ETF by 17.2% in the 4th quarter. Bank of America Corp DE now owns 2,069,231 shares of the exchange traded fund’s stock valued at $131,334,000 after acquiring an additional 303,380 shares during the last quarter. Finally, Elm Partners Management LLC boosted its holdings in shares of Vanguard FTSE Europe ETF by 13.2% during the 3rd quarter. Elm Partners Management LLC now owns 1,903,789 shares of the exchange traded fund’s stock valued at $135,359,000 after acquiring an additional 222,398 shares in the last quarter.

About Vanguard FTSE Europe ETF

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.