Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 1-Year High – Here’s Why

Shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $89.16 and last traded at $88.91, with a volume of 3454205 shares. The stock had previously closed at $87.51.

Vanguard FTSE Europe ETF Price Performance

The firm has a market cap of $31.03 billion, a PE ratio of 16.04 and a beta of 0.93. The business has a 50-day moving average price of $83.89 and a two-hundred day moving average price of $80.83.

Institutional Trading of Vanguard FTSE Europe ETF

Large investors have recently modified their holdings of the business. Courier Capital LLC grew its stake in Vanguard FTSE Europe ETF by 8.2% in the 3rd quarter. Courier Capital LLC now owns 248,601 shares of the exchange traded fund’s stock worth $19,838,000 after acquiring an additional 18,931 shares during the period. Franklin Resources Inc. boosted its holdings in shares of 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 purchasing an additional 19,095 shares during the last quarter. Accredited Investors Inc. purchased a new stake in shares of Vanguard FTSE Europe ETF in the second quarter valued at $27,726,000. Greenleaf Trust acquired a new position in Vanguard FTSE Europe ETF in the second quarter valued at $248,000. Finally, Asset Management One Co. Ltd. boosted its stake in Vanguard FTSE Europe ETF by 5.2% in the 3rd quarter. Asset Management One Co. Ltd. now owns 6,253,801 shares of the exchange traded fund’s stock worth $499,053,000 after buying an additional 308,346 shares during the last quarter.

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