SCS Capital Management LLC Purchases Shares of 9,386 Vanguard FTSE Europe ETF $VGK

SCS Capital Management LLC purchased a new stake in shares of Vanguard FTSE Europe ETF (NYSEARCA:VGK) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,386 shares of the exchange traded fund’s stock, valued at approximately $659,000.

Several other institutional investors have also added to or reduced their stakes in VGK. JPMorgan Chase & Co. boosted its position in Vanguard FTSE Europe ETF by 32.8% during the first quarter. JPMorgan Chase & Co. now owns 35,505,505 shares of the exchange traded fund’s stock valued at $2,492,843,000 after buying an additional 8,767,138 shares during the period. Angeles Investment Advisors LLC purchased a new stake in Vanguard FTSE Europe ETF during the first quarter valued at about $191,989,000. Municipal Employees Retirement System of Michigan boosted its position in Vanguard FTSE Europe ETF by 71.9% during the first quarter. Municipal Employees Retirement System of Michigan now owns 6,435,286 shares of the exchange traded fund’s stock valued at $451,821,000 after buying an additional 2,692,667 shares during the period. Victory Capital Management Inc. purchased a new stake in Vanguard FTSE Europe ETF during the first quarter valued at about $100,886,000. Finally, Factory Mutual Insurance Co. purchased a new stake in Vanguard FTSE Europe ETF during the first quarter valued at about $99,172,000.

Vanguard FTSE Europe ETF Trading Down 0.3%

VGK stock opened at $78.78 on Thursday. The firm’s 50-day moving average price is $78.00 and its two-hundred day moving average price is $74.79. Vanguard FTSE Europe ETF has a 12-month low of $62.02 and a 12-month high of $80.27. The stock has a market capitalization of $26.53 billion, a price-to-earnings ratio of 16.04 and a beta of 0.95.

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.