Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 52-Week High – Here’s What Happened

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $83.67 and last traded at $83.61, with a volume of 2678212 shares. The stock had previously closed at $83.23.

Vanguard FTSE Europe ETF Stock Performance

The business’s fifty day moving average is $81.18 and its 200-day moving average is $79.29. The firm has a market cap of $28.85 billion, a P/E ratio of 16.04 and a beta of 0.93.

Institutional Trading of Vanguard FTSE Europe ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VGK. Mather Group LLC. lifted its position in shares of Vanguard FTSE Europe ETF by 249.4% in the 2nd quarter. Mather Group LLC. now owns 8,332,294 shares of the exchange traded fund’s stock worth $645,753,000 after purchasing an additional 5,947,219 shares during the period. JPMorgan Chase & Co. lifted its holdings in Vanguard FTSE Europe ETF by 8.9% in the second quarter. JPMorgan Chase & Co. now owns 38,672,725 shares of the exchange traded fund’s stock valued at $2,997,136,000 after buying an additional 3,167,220 shares during the period. Angeles Investment Advisors LLC bought a new stake in Vanguard FTSE Europe ETF during the first quarter valued at $191,989,000. Municipal Employees Retirement System of Michigan boosted its position in Vanguard FTSE Europe ETF by 37.3% during the second quarter. Municipal Employees Retirement System of Michigan now owns 8,835,451 shares of the exchange traded fund’s stock valued at $684,747,000 after acquiring an additional 2,400,165 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Vanguard FTSE Europe ETF by 43.3% during the 2nd quarter. Bank of America Corp DE now owns 3,109,288 shares of the exchange traded fund’s stock worth $240,970,000 after acquiring an additional 939,927 shares during the period.

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