Vanguard FTSE Europe ETF (NYSEARCA:VGK) Reaches New 12-Month High – Should You Buy?

Vanguard FTSE Europe ETF (NYSEARCA:VGK)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $92.98 and last traded at $92.85, with a volume of 1152068 shares trading hands. The stock had previously closed at $92.61.

Vanguard FTSE Europe ETF Trading Down 0.5%

The stock’s 50 day moving average is $89.88 and its two-hundred day moving average is $87.84. The stock has a market capitalization of $31.41 billion, a price-to-earnings ratio of 16.04 and a beta of 0.84.

Institutional Trading of Vanguard FTSE Europe ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in shares of Vanguard FTSE Europe ETF by 11.7% during the 4th quarter. JPMorgan Chase & Co. now owns 44,594,011 shares of the exchange traded fund’s stock worth $3,728,505,000 after buying an additional 4,677,424 shares during the period. Municipal Employees Retirement System of Michigan lifted its position in Vanguard FTSE Europe ETF by 3.4% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 9,136,296 shares of the exchange traded fund’s stock worth $763,886,000 after acquiring an additional 300,845 shares during the last quarter. Vanguard Group Inc. lifted its position in Vanguard FTSE Europe ETF by 8.7% during the fourth quarter. Vanguard Group Inc. now owns 4,379,766 shares of the exchange traded fund’s stock worth $366,192,000 after acquiring an additional 349,648 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Europe ETF by 7.3% during the first quarter. Bank of America Corp DE now owns 3,564,266 shares of the exchange traded fund’s stock worth $293,802,000 after acquiring an additional 241,477 shares during the period. Finally, UBS Group AG boosted its holdings in shares of Vanguard FTSE Europe ETF by 0.4% during the third quarter. UBS Group AG now owns 3,505,788 shares of the exchange traded fund’s stock worth $279,762,000 after acquiring an additional 13,791 shares during the period.

Vanguard FTSE Europe ETF Company Profile

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