Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 52-Week High – Should You Buy?

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $84.00 and last traded at $83.67, with a volume of 1843500 shares changing hands. The stock had previously closed at $83.97.

Vanguard FTSE Europe ETF Trading Down 0.4%

The company has a market capitalization of $28.87 billion, a price-to-earnings ratio of 16.04 and a beta of 0.93. The firm’s 50 day simple moving average is $81.42 and its 200-day simple moving average is $79.45.

Institutional Investors Weigh In On Vanguard FTSE Europe ETF

A number of institutional investors have recently added to or reduced their stakes in the business. ORG Wealth Partners LLC raised its stake in shares of Vanguard FTSE Europe ETF by 72.6% during the 3rd quarter. ORG Wealth Partners LLC now owns 309 shares of the exchange traded fund’s stock worth $25,000 after buying an additional 130 shares in the last quarter. North Star Investment Management Corp. grew its holdings in Vanguard FTSE Europe ETF by 833.3% during the second quarter. North Star Investment Management Corp. now owns 364 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 325 shares during the period. Beaird Harris Wealth Management LLC acquired a new position in Vanguard FTSE Europe ETF during the third quarter worth $28,000. Kilter Group LLC purchased a new position in Vanguard FTSE Europe ETF in the second quarter worth $30,000. Finally, JPL Wealth Management LLC acquired a new stake in Vanguard FTSE Europe ETF in the third quarter valued at $35,000.

Vanguard FTSE Europe ETF Company 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. The Fund’s investment advisor is The Vanguard Group, Inc