Vanguard FTSE Europe ETF (NYSEARCA:VGK) Hits New 1-Year High – Should You Buy?

Vanguard FTSE Europe ETF (NYSEARCA:VGK) reached a new 52-week high during trading on Thursday . The company traded as high as $83.56 and last traded at $83.5560, with a volume of 885914 shares traded. The stock had previously closed at $82.60.

Vanguard FTSE Europe ETF Stock Performance

The company has a 50-day simple moving average of $80.90 and a 200-day simple moving average of $79.11. The stock has a market cap of $28.73 billion, a P/E ratio of 16.04 and a beta of 0.93.

Institutional Investors Weigh In On Vanguard FTSE Europe ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC lifted its position in shares of Vanguard FTSE Europe ETF by 72.6% during the third quarter. ORG Wealth Partners LLC now owns 309 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 130 shares in the last quarter. North Star Investment Management Corp. raised its stake in shares of Vanguard FTSE Europe ETF by 833.3% during the second quarter. North Star Investment Management Corp. now owns 364 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 325 shares during the last quarter. Beaird Harris Wealth Management LLC acquired a new position in shares of Vanguard FTSE Europe ETF in the 3rd quarter valued at $28,000. Kilter Group LLC acquired a new position in Vanguard FTSE Europe ETF during the second quarter valued at approximately $30,000. Finally, JPL Wealth Management LLC bought a new position in shares of Vanguard FTSE Europe ETF during the 3rd quarter valued at about $35,000.

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.