Montag A & Associates Inc. Reduces Stock Position in Vanguard FTSE Europe ETF $VGK

Montag A & Associates Inc. lessened its stake in Vanguard FTSE Europe ETF (NYSEARCA:VGK) by 55.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 552 shares of the exchange traded fund’s stock after selling 698 shares during the period. Montag A & Associates Inc.’s holdings in Vanguard FTSE Europe ETF were worth $43,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Grange Capital LLC grew its holdings in shares of Vanguard FTSE Europe ETF by 1,840.0% in the second quarter. Grange Capital LLC now owns 85,340 shares of the exchange traded fund’s stock worth $6,614,000 after acquiring an additional 80,941 shares during the period. Addison Advisors LLC boosted its position in Vanguard FTSE Europe ETF by 1.1% in the second quarter. Addison Advisors LLC now owns 52,762 shares of the exchange traded fund’s stock worth $4,089,000 after purchasing an additional 564 shares during the last quarter. Rollins Financial Advisors LLC grew its stake in shares of Vanguard FTSE Europe ETF by 38.9% during the 2nd quarter. Rollins Financial Advisors LLC now owns 15,732 shares of the exchange traded fund’s stock valued at $1,219,000 after purchasing an additional 4,408 shares during the period. Rathbones Group PLC increased its position in shares of Vanguard FTSE Europe ETF by 69.4% during the 2nd quarter. Rathbones Group PLC now owns 53,337 shares of the exchange traded fund’s stock valued at $4,134,000 after purchasing an additional 21,853 shares during the last quarter. Finally, BHK Investment Advisors LLC increased its position in shares of Vanguard FTSE Europe ETF by 0.3% during the 2nd quarter. BHK Investment Advisors LLC now owns 61,094 shares of the exchange traded fund’s stock valued at $4,735,000 after purchasing an additional 187 shares during the last quarter.

Vanguard FTSE Europe ETF Trading Down 0.7%

VGK opened at $81.68 on Friday. The company’s 50 day moving average is $80.17 and its 200 day moving average is $78.04. The company has a market cap of $28.18 billion, a price-to-earnings ratio of 16.04 and a beta of 0.93. Vanguard FTSE Europe ETF has a 12-month low of $62.02 and a 12-month high of $82.41.

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.