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 Wednesday . The company traded as high as $89.73 and last traded at $89.8150, with a volume of 311471 shares trading hands. The stock had previously closed at $89.23.

Vanguard FTSE Europe ETF Stock Up 1.0%

The company’s fifty day moving average price is $86.23 and its two-hundred day moving average price is $82.09. The company has a market cap of $31.63 billion, a price-to-earnings ratio of 16.04 and a beta of 0.93.

Institutional Trading of Vanguard FTSE Europe ETF

Several large investors have recently made changes to their positions in VGK. ORG Wealth Partners LLC raised its holdings in shares of Vanguard FTSE Europe ETF by 72.6% in the third quarter. ORG Wealth Partners LLC now owns 309 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 130 shares during the last quarter. Horizons Wealth Management acquired a new stake in Vanguard FTSE Europe ETF in the 4th quarter valued at about $26,000. Beaird Harris Wealth Management LLC bought a new position in shares of Vanguard FTSE Europe ETF in the third quarter worth about $28,000. Kilter Group LLC acquired a new position in shares of Vanguard FTSE Europe ETF during the second quarter worth approximately $30,000. Finally, Valley National Advisers Inc. acquired a new position in shares of Vanguard FTSE Europe ETF during the fourth quarter worth approximately $33,000.

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