Hilton Capital Management LLC Increases Position in Vanguard FTSE Europe ETF $VGK

Hilton Capital Management LLC boosted its position in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 92.5% in the 2nd quarter, Holdings Channel reports. The fund owned 299,524 shares of the exchange traded fund’s stock after purchasing an additional 143,953 shares during the period. Vanguard FTSE Europe ETF makes up about 1.9% of Hilton Capital Management LLC’s investment portfolio, making the stock its 16th biggest position. Hilton Capital Management LLC’s holdings in Vanguard FTSE Europe ETF were worth $23,213,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of VGK. Fiduciary Alliance LLC grew its position in shares of Vanguard FTSE Europe ETF by 11.5% in the second quarter. Fiduciary Alliance LLC now owns 7,816 shares of the exchange traded fund’s stock valued at $606,000 after purchasing an additional 809 shares during the period. Franklin Resources Inc. lifted its position in Vanguard FTSE Europe ETF by 22.0% during the second quarter. Franklin Resources Inc. now owns 106,051 shares of the exchange traded fund’s stock worth $8,219,000 after buying an additional 19,095 shares during the period. Accredited Investors Inc. purchased a new stake in Vanguard FTSE Europe ETF in the 2nd quarter valued at about $27,726,000. Greenleaf Trust acquired a new position in shares of Vanguard FTSE Europe ETF during the 2nd quarter valued at about $248,000. Finally, Hilltop National Bank purchased a new position in shares of Vanguard FTSE Europe ETF during the 2nd quarter worth about $70,000.

Vanguard FTSE Europe ETF Stock Performance

VGK opened at $82.69 on Friday. Vanguard FTSE Europe ETF has a 1 year low of $62.02 and a 1 year high of $83.37. The company’s 50 day simple moving average is $80.78 and its 200 day simple moving average is $78.96. The stock has a market capitalization of $28.53 billion, a PE ratio of 16.04 and a beta of 0.93.

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.