Vanguard FTSE Europe ETF (NYSEARCA:VGK) Hits New 12-Month High – Here’s Why

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $90.75 and last traded at $90.64, with a volume of 1007997 shares traded. The stock had previously closed at $88.86.

Vanguard FTSE Europe ETF Stock Up 2.1%

The company has a market capitalization of $30.73 billion, a P/E ratio of 16.04 and a beta of 0.84. The business has a 50 day moving average of $88.53 and a 200 day moving average of $87.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Westside Investment Management Inc. grew its holdings in shares of Vanguard FTSE Europe ETF by 0.9% in the fourth quarter. Westside Investment Management Inc. now owns 12,930 shares of the exchange traded fund’s stock valued at $1,081,000 after purchasing an additional 116 shares in the last quarter. Nwam LLC raised its stake in Vanguard FTSE Europe ETF by 0.8% during the first quarter. Nwam LLC now owns 14,978 shares of the exchange traded fund’s stock valued at $1,235,000 after purchasing an additional 117 shares in the last quarter. Aspen Grove Capital LLC lifted its position in Vanguard FTSE Europe ETF by 0.9% during the fourth quarter. Aspen Grove Capital LLC now owns 12,946 shares of the exchange traded fund’s stock valued at $1,082,000 after purchasing an additional 120 shares during the last quarter. Excelsior Advisor Network LLC lifted its position in Vanguard FTSE Europe ETF by 1.7% during the first quarter. Excelsior Advisor Network LLC now owns 7,037 shares of the exchange traded fund’s stock valued at $580,000 after purchasing an additional 120 shares during the last quarter. Finally, Stock Yards Bank & Trust Co. grew its stake in shares of Vanguard FTSE Europe ETF by 3.7% in the 4th quarter. Stock Yards Bank & Trust Co. now owns 3,416 shares of the exchange traded fund’s stock worth $286,000 after buying an additional 123 shares in the last quarter.

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