Independent Financial Group LLC Makes New $1.79 Million Investment in Vanguard FTSE Europe ETF $VGK

Independent Financial Group LLC acquired a new stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 21,672 shares of the exchange traded fund’s stock, valued at approximately $1,786,000.

A number of other hedge funds have also recently made changes to their positions in the business. Frazier Financial Advisors LLC bought a new position in Vanguard FTSE Europe ETF in the 1st quarter valued at about $185,000. Quartz Partners LLC increased its holdings in Vanguard FTSE Europe ETF by 5.9% during the 1st quarter. Quartz Partners LLC now owns 3,060 shares of the exchange traded fund’s stock worth $252,000 after purchasing an additional 171 shares in the last quarter. Vectors Research Management LLC raised its stake in shares of Vanguard FTSE Europe ETF by 234.5% in the first quarter. Vectors Research Management LLC now owns 61,400 shares of the exchange traded fund’s stock worth $5,061,000 after purchasing an additional 43,046 shares during the last quarter. Wealthfront Advisers LLC raised its stake in shares of Vanguard FTSE Europe ETF by 3.5% in the first quarter. Wealthfront Advisers LLC now owns 68,393 shares of the exchange traded fund’s stock worth $5,638,000 after purchasing an additional 2,303 shares during the last quarter. Finally, D.A. Davidson & CO. raised its stake in shares of Vanguard FTSE Europe ETF by 16.3% in the first quarter. D.A. Davidson & CO. now owns 3,594 shares of the exchange traded fund’s stock worth $296,000 after purchasing an additional 504 shares during the last quarter.

Vanguard FTSE Europe ETF Price Performance

VGK stock opened at $88.59 on Monday. The firm has a market capitalization of $30.01 billion, a PE ratio of 16.04 and a beta of 0.84. Vanguard FTSE Europe ETF has a twelve month low of $74.79 and a twelve month high of $90.75. The stock’s 50 day moving average is $88.31 and its 200-day moving average is $86.88.

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. The Fund’s investment advisor is The Vanguard Group, Inc